SBS Transit wins Seletar Bus Package contract for $480 mil

SINGAPORE (April 19): SBS Transit on Wednesday won the contract by Singapore Land Transport Authority (LTA) to operate the Seletar Bus Package – the third set of public bus services put up for tender under the Bus Contracting Model.

At an estimated total fee of $480.3 million, the five-year contract, which can be extended by another two years, is the first bus tender award for SBS Transit under the new model.

Under the contract, SBS Transit, which is 75% owned by ComfortDelgro, will operate 26 two-way bus services from Ang Mo Kio, Yio Chu Kang and Yishun Bus Interchanges, to Bukit Batok, Bukit Merah, Eunos Bus Interchanges and Shenton Way Bus Terminal.

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