$35 Million for Prepaid Card System for Buses

Guatemala will install prepaid card systems on buses between 2009 and 2011 for $35 million.

Monday, April 13, 2009

The system aims for the bus drivers to avoid having to carry cash since the service will only be available through prepaid cards.

According to a note from ACAN-EFE in prensa.com, the 3 thousand buses that circulate throughout Guatemala City must be fitted with the necessary technology to recognize the prepaid cards. The purchase of these units will be done through tenders on the Guatecompras website.

Although the project has been in discussion for five years, it had not been decided to allocate funds for the project until now. These funds will be disbursed through a trust.

More on this topic

Lack of Transparency in Tenders in Guatemala

April 2013

Indications have been made of anomalies in the award of a contract for security services for nearly $7 million awarded by the National Electrification Institute.

On February 4 the National Electrification Institute (INDE) published on Guatecompras the tender for "Hiring Security and Safety Services and for the INDE's assets facilities, companies and agencies", however to date there has been no publication of the award of the services. In addition, other companies who participated in the process were not informed why they their offers were rejected .

Additional Requirements for Government Suppliers in Guatemala

March 2011

As of April 1st suppliers of goods and services for the State must send copies of legal and financial documentation through web portal Guatecompras.

The legislation seeks greater control of suppliers and to prevent money laundering.

Providers who fail to comply with the rules cannot make offers to any government agencies.

Prepaid Bus System Almost Ready in Guatemala

March 2010

Bank Cathay and company “Productos y Servicios Diversificados” began testing the Transfácil system, after an $8 million investment.

They are currently installing a fiber optics network to transfer data from the buses to a monitoring central station, explained Gamaliel Chin, from the Union of Short Outer Urban Routes Transporters.

Guatemala Inaugurates Public Transportation System

December 2009

President Alvaro Colom inaugurated a new transportation system in the capital city, called 'Transurbano Siga'.

Its name stands for Guatemalan Integrated Bus System, and introduces new bus units and the possibility of prepaying tickets.

Luis Gómez, vice president of the Association of Urban Bus Companies, commented that 5 companies bet on the change in order to provide a top quality service, in which users do not need to carry cash, as they will be using electronic pre-paid cards. Additionally, the driver's unions will enjoy better perks and constant training.

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