Public Transport Victoria

State Government

Victorian public transport authority. Myki: $494M→$1.5B original, $544M→$680M overhaul. Total lifecycle $2.8B.

Outsourcing Summary
Based on AusTender records and public reporting.

Outsourcing Vendors

3

Total Contracts

3

Work Performed In

Via outsourcing vendors

Myki ticketing system has been managed by overseas vendors since inception: Kamco consortium (2005), NTT Data (2010-2023), Conduent USA (2023-present). HCLTech building concession platform. 26c of every $1 in fare revenue goes to running the system vs 10c global benchmark.

In Plain English

  • Public Transport Victoria has 3 outsourcing vendor relationships recorded on AusTender.
  • NTT Data
  • HCL Technologies
  • NTT Data ($3.0B) — B total Myki lifetime cost

Based on data from public sources at the dates reported. Figures may not reflect current headcount. See sources below for full attribution.

Consultancy Engagements

VendorTypeContract ValueStatus
NTT DataManaged Services

NTT Data: $700M 7-year myki contract extension (2016). Replaced by Conduent in 2023.

Confirmed
HCL TechnologiesOutsourced Dev

HCLTech: $34M concession entitlement platform for new myki. Work paused by DTP.

Confirmed
NTT DataManaged Services$3.0B

B total Myki lifetime cost

Confirmed

What Public Sources Say

All information below is sourced from publicly available documents and reporting. Excerpts are direct quotes. Click source links to verify.

News
Victoria ignored risks before $137M blowout, delayed myki overhaul — The Age
Myki overhaul blew out $136.8M (25%) from $543.6M to $680.4M with 18-month delay. Conduent $1.96B contract. Total 15-year cost estimated at $2.8B. System will absorb 26c of every $1 in fare revenue vs 10c global benchmark. Auditor says value for money unclear.
News
Modernising Myki — Victorian Auditor-General. $137M blowout, 18-month delay, value for money unclear.
VAGO report: Myki overhaul blew out $136.8M (25%). Total 15-year cost $2.8B. System absorbs 26c of every $1 in fare revenue vs 10c global benchmark. DTP failed to resolve known issues before awarding contract.
News
NTT Data loses $1.7B myki deal to Conduent — InnovationAus
Conduent (US) awarded $1.7B 15-year contract replacing NTT Data as myki operator. NTT Data had previously held a $700M 7-year extension from 2016.
News
Myki's massive delays and quadruple cost blowout — Government News
Myki cost blew out from $494M to $1.5B with delivery quadrupling from 2 years to 9+ years. World's most expensive smartcard ticketing system.
Industry Report
Australia's AU$1.3B myki ticketing system marred by multiple missteps — IEEE Spectrum
IEEE Spectrum documented myki's troubled history. Original $494M contract blew out to $1.5B. Delivery quadrupled from 2 years to 9+ years.

This profile is based on publicly available information at the time of publication. It may not reflect current operations and should not be treated as a complete picture. We publish what we can verify — not everything that exists.

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