Quote:
Originally Posted by SteelTown
It'll either be Bombardier Flexity Outlook or Siemens Combino Plus.
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Bombardier wins $1.3B deal to build Toronto streetcars
TORONTO — The Toronto Transit Commission has chosen Bombardier Inc. (TSX:BBD.B) for a contract worth more than $1.2 billion to supply 204 new streetcars.
The procurement recommendation from the staff of the country's largest transit authority envisages spending $993 million for the streetcars, plus $293.1 million for spare parts, options and other items, a total of $1.29 billion including taxes.
After GST rebates, the total expected cost is $1.22 billion.
Two companies were in the running to replace Toronto's aging streetcar fleet: Bombardier Transportation Canada, which has been making streetcars for decades in Thunder Bay, Ont., and Germany's Siemens.
Siemens had put forward a substantially higher bid -- $1.525 billion for the streetcars, or about 50 per cent more than the Bombardier bid.
Both companies had promised that at least one-quarter of the production work would be done in Canada.
http://toronto.ctv.ca/servlet/an/loc...24?hub=Toronto