Wednesday, December 16, 2009

STM Tells Chinese Company 'It's Too Late' to Bid On Métro Deal

Société de transport de Montréal is about to announce the final terms of the contract to replace its fleet of métro cars. The only two bidders on the contract, Bombardier Inc. and Alstom SA, have formed a consortium to build the large order, which could number up to 700 cars.

From The Montreal Gazette:

MONTREAL ­ “It’s too late.” That was the response Wednesday from the Société de transport de Montréal’s Odile Paradis to Monday’s late legal challenge asking that the upcoming contract to replace Montreal’s métro cars be re-opened.

But the challenger, Glen T. Fisher, shot back: “Excuse me? Too late to save Quebecers $500 million or more? I don’t think so.”

Read more ....

My Comment: The Chinese are probably right about the cost savings .... they do not pay that much to their employees, while in Canada and France it is another story.

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