Business model: (1) single private operator; (2) dual private actor; (3) public ownership, private operation; (4) fully public operator
Business model typology
Dual private actor
Dual private actor
Dual private actor
Publication year of the procurement process
Year
2019
2019
2023
Institution responsible for issuing the procurement process.
Issuing authority
DTPM + Ministry of Transport and Telecommunications
DTPM + Ministry of Transport and Telecommunications
DTPM + Ministry of Transport and Telecommunications
City or metropolitan region where the procurement process applies.
City / Region
Santiago
Santiago
Santiago
Entity responsible for provision of bus fleet
Fleet provision
Private fleet provider
Private fleet provider
Private fleet provider (leasing option allowed)
Entity responsible for operating public transport services.
Operation
Private operator
Private operator
Private operator
Entity responsible for charging infrastructure deployment and operation.
Charging infrastructure
Fleet provider installs; upgrades possible (system-financed)
Fleet provider installs; upgrades possible (system-financed)
Fleet provider installs; upgrades possible (system-financed)
Entity responsible for terminals and depots (ownership, upgrades, or operation).
Terminal and depot
Provided by DTPM
Provided by DTPM; upgrades may be proposed and financed by the system
Provided by DTPM; upgrades may be proposed and financed by the system
Entity responsible for fleet maintenance.
Maintenance
Same
Operator responsible under fleet provider supervision
Operator responsible under fleet provider supervision
Distribution of functional responsibilities among actors involved in the model.
Functional role distribution*
Unbundled model (fleet provider, operator and authority with distinct roles)
Unbundled model (fleet provider, operator and authority with distinct roles)
Unbundled model (fleet provider, operator and authority with distinct roles)
How electrification is phased or structured over time in the procurement design.
Electrification trajectory design*
Unbundled model (fleet provider, operator and authority with distinct roles)
Unbundled model (fleet provider, operator and authority with distinct roles)
Unbundled model (fleet provider, operator and authority with distinct roles)
CAPEX Structure
Country name
Country
#204
Chile
#203
Chile
#202
Chile
City or metropolitan region where the procurement process applies.
City / Region
#204
Santiago
#203
Santiago
#202
Santiago
Minimum fleet size and key vehicle specification requirements described in the procurement.
Minimum fleet size specifications
#204
300 / 1,370 / 360 vehicles by size
#203
3 size categories (8–11m; 11–14m; 14–18m)
#202
3 size categories (8–11m; 11–14m; 14–18m)
How the procurement defines or requires the inclusion of electric vehicles (e.g., percentage of total fleet, categories affected)
Electric requirement
#204
—
#203
—
#202
—
Warranty requirements for vehicles, batteries, or systems when disclosed.
Warranty requirements
#204
Not publicly disclosed
#203
Not applicable (operation contract)
#202
Not applicable (operation contract)
Main source of CAPEX payment or revenue in the contractual arrangement.
CAPEX payment or revenue source
#204
Public remuneration per: vehicle acquisition; maintenance compliance certification
#203
Public remuneration per: kilometer travelled; passenger transported. If needed, additional remuneration for terminal improvements and additional charging infrastructure
#202
Public remuneration structure; additional items may include vehicle acquisition, terminal improvements and charging infrastructure
CAPEX payment or revenue values and units disclosed in the procurement.
CAPEX payment or revenue values
#204
Unspecified; defined by bidders as part of their economic proposal. Electric buses are paid in 168 monthly installments, and diesel buses in 120. Number of installments determines contract duration
#203
Not publicly available
#202
Not publicly available
How residual value risk of assets is allocated among stakeholders.
Asset residual value risk allocation*
#204
Private fleet provider (inferred)
#203
Private fleet provider (inferred)
#202
Private fleet provider (inferred)
How battery degradation risk is allocated among stakeholders.
Battery degradation risk allocation*
#204
Private fleet provider (inferred)
#203
Private fleet provider (inferred)
#202
Private fleet provider (inferred)
Primary source of financing for the fleet or infrastructure investments.
Source of financing*
#204
Operator (inferred)
#203
Operator (inferred)
#202
Operator (inferred)
Currency denomination and risk-sharing structure for payments or contracts.
Currency exposure structure*
#204
Not publicly available
#203
Mixed currency structure (CLP, UF and USD allowed with conversion mechanisms)
City or metropolitan region where the procurement process applies.
City / Region
Santiago
Santiago
Santiago
Minimum fleet size and key vehicle specification requirements described in the procurement.
Minimum fleet size specifications
300 / 1,370 / 360 vehicles by size
3 size categories (8–11m; 11–14m; 14–18m)
3 size categories (8–11m; 11–14m; 14–18m)
How the procurement defines or requires the inclusion of electric vehicles (e.g., percentage of total fleet, categories affected)
Electric requirement
—
—
—
Warranty requirements for vehicles, batteries, or systems when disclosed.
Warranty requirements
Not publicly disclosed
Not applicable (operation contract)
Not applicable (operation contract)
Main source of CAPEX payment or revenue in the contractual arrangement.
CAPEX payment or revenue source
Public remuneration per: vehicle acquisition; maintenance compliance certification
Public remuneration per: kilometer travelled; passenger transported. If needed, additional remuneration for terminal improvements and additional charging infrastructure
Public remuneration structure; additional items may include vehicle acquisition, terminal improvements and charging infrastructure
CAPEX payment or revenue values and units disclosed in the procurement.
CAPEX payment or revenue values
Unspecified; defined by bidders as part of their economic proposal. Electric buses are paid in 168 monthly installments, and diesel buses in 120. Number of installments determines contract duration
Not publicly available
Not publicly available
How residual value risk of assets is allocated among stakeholders.
Asset residual value risk allocation*
Private fleet provider (inferred)
Private fleet provider (inferred)
Private fleet provider (inferred)
How battery degradation risk is allocated among stakeholders.
Battery degradation risk allocation*
Private fleet provider (inferred)
Private fleet provider (inferred)
Private fleet provider (inferred)
Primary source of financing for the fleet or infrastructure investments.
Source of financing*
Operator (inferred)
Operator (inferred)
Operator (inferred)
Currency denomination and risk-sharing structure for payments or contracts.
Currency exposure structure*
Not publicly available
Mixed currency structure (CLP, UF and USD allowed with conversion mechanisms)
Not publicly available
OPEX & Operational Structure
Country name
Country
#204
Chile
#203
Chile
#202
Chile
City or metropolitan region where the procurement process applies.
City / Region
#204
Santiago
#203
Santiago
#202
Santiago
Main source of OPEX payment or revenue in the contractual arrangement.
OPEX payment or revenue source
#204
Not applicable
#203
Payment per km operated (system)
#202
Payment per km operated (system)
OPEX payment or revenue values and units disclosed in the procurement.
OPEX payment or revenue values
#204
Unspecified; defined by bidders as part of their economic proposal. Electric buses are paid in 168 monthly installments, and diesel buses in 120. Number of installments determines contract duration
#203
Maximum reference remuneration of CLP 1,260 per km (diesel) and CLP 950 per km (electric); CLP 150 per passenger
#202
Maximum reference remuneration of CLP 2,550 (≈ USD 2.68, as of 01 Oct 2025) per km operated by diesel buses and CLP 1,530 (≈1.61 USD ) per km by electric buses; fixed remuneration of CLP 150 (≈ USD 0.16) per passenger transported
Requirement for air conditioning in the vehicles, if specified
Air conditioning requirement
#204
Recommended
#203
Not required
#202
Required for new buses
Minimum technical requirements for batteries and charging systems: autonomy, charging time, and charging type (slow, opportunity)
Battery charging specifications
#204
215 km / 50 km; 5h / 9 min
#203
Unspecified; specifications defined in fleet provision procurement
#202
200 km (slow) / 50 km (opportunity); 5h (slow) / 9 min (opportunity)
How energy price risk is allocated among stakeholders.
Energy price risk allocation*
#204
Operator bears energy price risk (not explicitly specified; inferred from model structure)
#203
Operator bears energy price risk (not explicitly specified; inferred from model structure)
#202
Operator bears energy price risk (not explicitly specified; inferred from model structure)
Charging model adopted in the procurement (e.g., depot charging, opportunity charging).
Charging model type*
#204
Operator / supplier-led charging model (infrastructure proposed by bidders and installed in public terminals; compensated via dedicated payment component)
#203
Operator / supplier-led charging model (infrastructure proposed by bidders and installed in public terminals; compensated via dedicated payment component)
#202
Fleet provider-led charging model (infrastructure installed by fleet provider; system may finance upgrades)
City or metropolitan region where the procurement process applies.
City / Region
Santiago
Santiago
Santiago
Main source of OPEX payment or revenue in the contractual arrangement.
OPEX payment or revenue source
Not applicable
Payment per km operated (system)
Payment per km operated (system)
OPEX payment or revenue values and units disclosed in the procurement.
OPEX payment or revenue values
Unspecified; defined by bidders as part of their economic proposal. Electric buses are paid in 168 monthly installments, and diesel buses in 120. Number of installments determines contract duration
Maximum reference remuneration of CLP 1,260 per km (diesel) and CLP 950 per km (electric); CLP 150 per passenger
Maximum reference remuneration of CLP 2,550 (≈ USD 2.68, as of 01 Oct 2025) per km operated by diesel buses and CLP 1,530 (≈1.61 USD ) per km by electric buses; fixed remuneration of CLP 150 (≈ USD 0.16) per passenger transported
Requirement for air conditioning in the vehicles, if specified
Air conditioning requirement
Recommended
Not required
Required for new buses
Minimum technical requirements for batteries and charging systems: autonomy, charging time, and charging type (slow, opportunity)
Battery charging specifications
215 km / 50 km; 5h / 9 min
Unspecified; specifications defined in fleet provision procurement
200 km (slow) / 50 km (opportunity); 5h (slow) / 9 min (opportunity)
How energy price risk is allocated among stakeholders.
Energy price risk allocation*
Operator bears energy price risk (not explicitly specified; inferred from model structure)
Operator bears energy price risk (not explicitly specified; inferred from model structure)
Operator bears energy price risk (not explicitly specified; inferred from model structure)
Charging model adopted in the procurement (e.g., depot charging, opportunity charging).
Charging model type*
Operator / supplier-led charging model (infrastructure proposed by bidders and installed in public terminals; compensated via dedicated payment component)
Operator / supplier-led charging model (infrastructure proposed by bidders and installed in public terminals; compensated via dedicated payment component)
Fleet provider-led charging model (infrastructure installed by fleet provider; system may finance upgrades)