Business model: (1) single private operator; (2) dual private actor; (3) public ownership, private operation; (4) fully public operator
Business model typology
Public ownership, private operation
Dual private actor
Dual private actor
Publication year of the procurement process
Year
2024
2019
2019
Institution responsible for issuing the procurement process.
Issuing authority
Urbanizadora Municipal S.A. (Urbam)
DTPM + Ministry of Transport and Telecommunications
DTPM + Ministry of Transport and Telecommunications
How the procurement defines or requires the inclusion of electric vehicles (e.g., percentage of total fleet, categories affected)
Electric requirement
#441
All vehicles must be electric
#204
—
#203
—
Warranty requirements for vehicles, batteries, or systems when disclosed.
Warranty requirements
#441
Bid-defined warranty
#204
Not publicly disclosed
#203
Not applicable (operation contract)
Main source of CAPEX payment or revenue in the contractual arrangement.
CAPEX payment or revenue source
#441
Public remuneration per: vehicle leasing; vehicle maintenance
#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
CAPEX payment or revenue values and units disclosed in the procurement.
CAPEX payment or revenue values
#441
Monthly rental cost per vehicle: Category A – BRL 31,874.52 (≈ USD 5,897.02); Category B – BRL 37,657.45 (≈ USD 6,966.90); Category C – BRL 56,018.98 (≈ USD 10,363.91). (Exchange rate as of 01 Oct 2025)
#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
How residual value risk of assets is allocated among stakeholders.
Asset residual value risk allocation*
#441
Leasing company (inferred)
#204
Private fleet provider (inferred)
#203
Private fleet provider (inferred)
How battery degradation risk is allocated among stakeholders.
Battery degradation risk allocation*
#441
Leasing company (inferred)
#204
Private fleet provider (inferred)
#203
Private fleet provider (inferred)
Primary source of financing for the fleet or infrastructure investments.
Source of financing*
#441
Public authority (inferred)
#204
Operator (inferred)
#203
Operator (inferred)
Currency denomination and risk-sharing structure for payments or contracts.
Currency exposure structure*
#441
Not publicly available
#204
Not publicly available
#203
Mixed currency structure (CLP, UF and USD allowed with conversion mechanisms)
How the procurement defines or requires the inclusion of electric vehicles (e.g., percentage of total fleet, categories affected)
Electric requirement
All vehicles must be electric
—
—
Warranty requirements for vehicles, batteries, or systems when disclosed.
Warranty requirements
Bid-defined warranty
Not publicly disclosed
Not applicable (operation contract)
Main source of CAPEX payment or revenue in the contractual arrangement.
CAPEX payment or revenue source
Public remuneration per: vehicle leasing; vehicle maintenance
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
CAPEX payment or revenue values and units disclosed in the procurement.
CAPEX payment or revenue values
Monthly rental cost per vehicle: Category A – BRL 31,874.52 (≈ USD 5,897.02); Category B – BRL 37,657.45 (≈ USD 6,966.90); Category C – BRL 56,018.98 (≈ USD 10,363.91). (Exchange rate as of 01 Oct 2025)
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
How residual value risk of assets is allocated among stakeholders.
Asset residual value risk allocation*
Leasing company (inferred)
Private fleet provider (inferred)
Private fleet provider (inferred)
How battery degradation risk is allocated among stakeholders.
Battery degradation risk allocation*
Leasing company (inferred)
Private fleet provider (inferred)
Private fleet provider (inferred)
Primary source of financing for the fleet or infrastructure investments.
Source of financing*
Public authority (inferred)
Operator (inferred)
Operator (inferred)
Currency denomination and risk-sharing structure for payments or contracts.
Currency exposure structure*
Not publicly available
Not publicly available
Mixed currency structure (CLP, UF and USD allowed with conversion mechanisms)
OPEX & Operational Structure
Country name
Country
#441
Brazil
#204
Chile
#203
Chile
City or metropolitan region where the procurement process applies.
City / Region
#441
São José dos Campos
#204
Santiago
#203
Santiago
Main source of OPEX payment or revenue in the contractual arrangement.
OPEX payment or revenue source
#441
Public remuneration per: vehicle maintenance
#204
Not applicable
#203
Payment per km operated (system)
OPEX payment or revenue values and units disclosed in the procurement.
OPEX payment or revenue values
#441
Monthly maintenance cost per vehicle: Category A – BRL 4,462.43 (≈ USD 825.58); Category B – BRL 4,895.47 (≈ USD 905.70); Category C – BRL 6,722.28 (≈ USD 1,243.67). (Exchange rate as of 01 Oct 2025)
#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
Requirement for air conditioning in the vehicles, if specified
Air conditioning requirement
#441
Required
#204
Recommended
#203
Not required
Minimum technical requirements for batteries and charging systems: autonomy, charging time, and charging type (slow, opportunity)
Battery charging specifications
#441
Minimum autonomy of 220 kilometers for Category A, 210 kilometers for Category B, and 200 kilometers for Category C vehicles
#204
215 km / 50 km; 5h / 9 min
#203
Unspecified; specifications defined in fleet provision procurement
How energy price risk is allocated among stakeholders.
Energy price risk allocation*
#441
Not publicly available
#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)
Charging model adopted in the procurement (e.g., depot charging, opportunity charging).
Charging model type*
#441
Not publicly available
#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)
City or metropolitan region where the procurement process applies.
City / Region
São José dos Campos
Santiago
Santiago
Main source of OPEX payment or revenue in the contractual arrangement.
OPEX payment or revenue source
Public remuneration per: vehicle maintenance
Not applicable
Payment per km operated (system)
OPEX payment or revenue values and units disclosed in the procurement.
OPEX payment or revenue values
Monthly maintenance cost per vehicle: Category A – BRL 4,462.43 (≈ USD 825.58); Category B – BRL 4,895.47 (≈ USD 905.70); Category C – BRL 6,722.28 (≈ USD 1,243.67). (Exchange rate as of 01 Oct 2025)
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
Requirement for air conditioning in the vehicles, if specified
Air conditioning requirement
Required
Recommended
Not required
Minimum technical requirements for batteries and charging systems: autonomy, charging time, and charging type (slow, opportunity)
Battery charging specifications
Minimum autonomy of 220 kilometers for Category A, 210 kilometers for Category B, and 200 kilometers for Category C vehicles
215 km / 50 km; 5h / 9 min
Unspecified; specifications defined in fleet provision procurement
How energy price risk is allocated among stakeholders.
Energy price risk allocation*
Not publicly available
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*
Not publicly available
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)