Cubic Transportation Systems president Peter Montgomery-Torrellas told employees today that the vendor was legally challenging the decision last month by Transport for London on award of its lucrative revenue-collection contract. While Montgomery-Torrellas didn’t mention it in his memo (see below), there is no doubt now that TfL had awarded the contract to Cubic rival Indra Systems of Spain.
The companywide memo confirms a report by Mobility Payments yesterday that Cubic was likely planning to challenge the award, approved by Transport for London’s finance committee July 14.