Govt to assume revenue risk for upcoming Thomson-East Coast Line
Published Fri, Nov 4, 2016 · 03:39 PM
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[SINGAPORE] The operator of the upcoming Thomson-East Coast MRT line (TEL) will be the first to run a rail service similar to the government bus contracting model.
That is, a successful bidder will operate the line for a fixed sum over a fixed period, while the Government collects fare revenue.
Read the full story here.
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