Business model: (1) single private operator; (2) dual private actor; (3) public ownership, private operation; (4) fully public operator
Business model typology
Fully private operation
Publication year of the procurement process
Year
2019
Institution responsible for issuing the procurement process.
Issuing authority
Language in which the procurement documents are available.
Language
Portuguese
Governance
Country name
Country
#SP
Brazil
City or metropolitan region where the procurement process applies.
City / Region
#SP
São Paulo
Entity responsible for provision of bus fleet
Fleet provision
#SP
Private operator
Entity responsible for operating public transport services.
Operation
#SP
Private operator
Entity responsible for charging infrastructure deployment and operation.
Charging infrastructure
#SP
Private asset provider (i.e., energy as a service provider) installs under public financing
Entity responsible for terminals and depots (ownership, upgrades, or operation).
Terminal and depot
#SP
Private operator owns terminals and depots
Entity responsible for fleet maintenance.
Maintenance
#SP
Operator responsible under fleet provider supervision
Distribution of functional responsibilities among actors involved in the model.
Functional role distribution*
#SP
Fully integrated private model (private operator procures, owns and operates fleet)
How electrification is phased or structured over time in the procurement design.
Electrification trajectory design*
#SP
Fully integrated private model (private operator procures, owns and operates fleet)
Unique record identifier of procurement
ID
#SP
Country name
Country
Brazil
City or metropolitan region where the procurement process applies.
City / Region
São Paulo
Entity responsible for provision of bus fleet
Fleet provision
Private operator
Entity responsible for operating public transport services.
Operation
Private operator
Entity responsible for charging infrastructure deployment and operation.
Charging infrastructure
Private asset provider (i.e., energy as a service provider) installs under public financing
Entity responsible for terminals and depots (ownership, upgrades, or operation).
Terminal and depot
Private operator owns terminals and depots
Entity responsible for fleet maintenance.
Maintenance
Operator responsible under fleet provider supervision
Distribution of functional responsibilities among actors involved in the model.
Functional role distribution*
Fully integrated private model (private operator procures, owns and operates fleet)
How electrification is phased or structured over time in the procurement design.
Electrification trajectory design*
Fully integrated private model (private operator procures, owns and operates fleet)
CAPEX Structure
Country name
Country
#SP
Brazil
City or metropolitan region where the procurement process applies.
City / Region
#SP
São Paulo
Minimum fleet size and key vehicle specification requirements described in the procurement.
Minimum fleet size specifications
#SP
Not publicly available
How the procurement defines or requires the inclusion of electric vehicles (e.g., percentage of total fleet, categories affected)
Electric requirement
#SP
—
Warranty requirements for vehicles, batteries, or systems when disclosed.
Warranty requirements
#SP
Not publicly available
Main source of CAPEX payment or revenue in the contractual arrangement.
CAPEX payment or revenue source
#SP
Private operator, but SPTrans subsidizes a percentage equivalent to the difference in value between a diesel bus and an electric bus.
CAPEX payment or revenue values and units disclosed in the procurement.
CAPEX payment or revenue values
#SP
Internal Rate of Return (IRR) of 9.1% on invested capital*
How residual value risk of assets is allocated among stakeholders.
Asset residual value risk allocation*
#SP
Private fleet provider (inferred)
How battery degradation risk is allocated among stakeholders.
Battery degradation risk allocation*
#SP
Private fleet provider (inferred)
Primary source of financing for the fleet or infrastructure investments.
Source of financing*
#SP
Shared (private and public)
Currency denomination and risk-sharing structure for payments or contracts.
Currency exposure structure*
#SP
Not specified (likely local currency – R$/BRL)
Unique record identifier of procurement
ID
#SP
Country name
Country
Brazil
City or metropolitan region where the procurement process applies.
City / Region
São Paulo
Minimum fleet size and key vehicle specification requirements described in the procurement.
Minimum fleet size specifications
Not publicly available
How the procurement defines or requires the inclusion of electric vehicles (e.g., percentage of total fleet, categories affected)
Electric requirement
—
Warranty requirements for vehicles, batteries, or systems when disclosed.
Warranty requirements
Not publicly available
Main source of CAPEX payment or revenue in the contractual arrangement.
CAPEX payment or revenue source
Private operator, but SPTrans subsidizes a percentage equivalent to the difference in value between a diesel bus and an electric bus.
CAPEX payment or revenue values and units disclosed in the procurement.
CAPEX payment or revenue values
Internal Rate of Return (IRR) of 9.1% on invested capital*
How residual value risk of assets is allocated among stakeholders.
Asset residual value risk allocation*
Private fleet provider (inferred)
How battery degradation risk is allocated among stakeholders.
Battery degradation risk allocation*
Private fleet provider (inferred)
Primary source of financing for the fleet or infrastructure investments.
Source of financing*
Shared (private and public)
Currency denomination and risk-sharing structure for payments or contracts.
Currency exposure structure*
Not specified (likely local currency – R$/BRL)
OPEX & Operational Structure
Country name
Country
#SP
Brazil
City or metropolitan region where the procurement process applies.
City / Region
#SP
São Paulo
Main source of OPEX payment or revenue in the contractual arrangement.
OPEX payment or revenue source
#SP
Public payment (gross cost contract – operator paid per km, revenue centrally collected)
OPEX payment or revenue values and units disclosed in the procurement.
OPEX payment or revenue values
#SP
Defined as R$/km (remuneration fare), periodically adjusted; varies by fleet type and cost structure
Requirement for air conditioning in the vehicles, if specified
Air conditioning requirement
#SP
Required (inferred)
Minimum technical requirements for batteries and charging systems: autonomy, charging time, and charging type (slow, opportunity)
Battery charging specifications
#SP
Not publicly available
How energy price risk is allocated among stakeholders.
Energy price risk allocation*
#SP
Operator bears energy price risk (inferred)
Charging model adopted in the procurement (e.g., depot charging, opportunity charging).
Charging model type*
#SP
Energy-as-a-service model: a private provider installs and operates charging infrastructure in operator depots, with service payments structured under public financing mechanisms.
Unique record identifier of procurement
ID
#SP
Country name
Country
Brazil
City or metropolitan region where the procurement process applies.
City / Region
São Paulo
Main source of OPEX payment or revenue in the contractual arrangement.
OPEX payment or revenue source
Public payment (gross cost contract – operator paid per km, revenue centrally collected)
OPEX payment or revenue values and units disclosed in the procurement.
OPEX payment or revenue values
Defined as R$/km (remuneration fare), periodically adjusted; varies by fleet type and cost structure
Requirement for air conditioning in the vehicles, if specified
Air conditioning requirement
Required (inferred)
Minimum technical requirements for batteries and charging systems: autonomy, charging time, and charging type (slow, opportunity)
Battery charging specifications
Not publicly available
How energy price risk is allocated among stakeholders.
Energy price risk allocation*
Operator bears energy price risk (inferred)
Charging model adopted in the procurement (e.g., depot charging, opportunity charging).
Charging model type*
Energy-as-a-service model: a private provider installs and operates charging infrastructure in operator depots, with service payments structured under public financing mechanisms.