The Queensland Department of Transport and Main Roads in Australia has confirmed to Mobility Payments it has “reallocated funding” for regional bus operators to “choose their own ticketing solution”– a move that appears to reduce the size of Cubic Transportation Systems’ contract with the government.
The Smart Ticketing project has been beset by delays, as well as reported budget overruns. Cubic won an AU$371 million (US$245.2 million) contract to provide a new fare system, including open-loop payments and account-based ticketing, in Australia’s third-largest state, Queensland, in 2018.