Key people CEO Greg Purdy Website www.kamco.com.au Founded 2003 | ||
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Type Private (part of NTT Data Group) Number of employees 120+ in Victoria, India and the US Motto IT Investments. Optimised. | ||
Kamco kerala agro machinery corporation ltd money time 30 sep 2016
Kamco (Keane Australia Micropayment Consortium Pty Ltd) is the company formed in 2003 to tender for a new public transport ticketing system in Victoria, Australia. It was contracted to provide the myki ticketing system in 2005. It is a wholly owned subsidiary of the American company Keane Inc., and when the myki contract was awarded it described itself as "an alliance" of Keane Australia, Ascom, ERG, and Giesecke & Devrient Australasia (G&D), with Keane Australia providing "a single point of accountability" for Victoria's Transport Ticketing Authority. ERG was the creator of Metcard. Keane Australia changed its name in October 2013 to NTT Data Victorian Ticketing System Pty Ltd.
Contents
- Kamco kerala agro machinery corporation ltd money time 30 sep 2016
- Kerala agro machinery corporation ltd kamco products demo video
- Procurement Process
- Cash Injection required
- Dispute with ERG
- January 2010 roll out
- Review into myki 20102011
- References
Kerala agro machinery corporation ltd kamco products demo video
Procurement Process
In April 2008, Vivian Miners, chief executive of the Transport Ticketing Authority, quit his $545,000-a-year job. After a report into the tendering process by Des Pearson, Victoria's Attorney General Rob Hulls found the tendering for the ticket system had been conducted improperly. Mr Miners owned about $150,000 of shares in Headstrong, which was part of the Kamco consortium at the time it won the tender. Mr Miners' partner and former wife both worked for Headstrong and ERG, the Perth-based transport ticket company part of Keane. An early alleged draft of the report, leaked to the media in 2008, detailed a series of alleged conflicts of interest, probity issues, backdating of reports and favouring of the eventual winning bidder Kamco, a subsidiary of the American IT firm Keane.
The final report observed that "Keane had no corporate experience in developing, implementing and operating a ticketing system" and "barely demonstrated adequate capacity." The project has since gone over both time and budget limits.
Cash Injection required
The Australian reported on 24 December 2007 that Kamco had requested a cash injection and wanted to change the contract to receive an accelerated payments schedule. To date Kamco has received $150m of the approx $750m spent.
Dispute with ERG
Kamco sub-contracted installation and repair of myki equipment to ERG in an A$106 million contract which Kamco repudiated in June 2009. ERG separately sued Kamco, holding myki equipment hostage until "unpaid bills worth $1.8 million were settled", upon which Kamco launched a counter-claim in the Victorian Supreme Court.
January 2010 roll-out
By early 2010, the state's political opponents were presenting figures alleging that "Melbourne has by far the most costly smartcard system in the world". The Labor Party's Public Transport minister Lynne Kosky attributed issues with the January 2010 roll-out to errors by Kamco, including "very silly mistakes" and "unacceptable" problems including a recall of 30,500 cards. Major operation problems included incorrect fare charging, cards that couldn't be activated and cards that wouldn't open entrance or exit gates. Also in 2010, Keane, Inc. was taken over by Japanese company NTT DATA Corporation, a subsidiary of Nippon Telegraph and Telephone.
Review into myki 2010/2011
After the change of Government in the 2010 Victorian Election the incoming Liberal/National Coalition announced a "warts and all" review of myki by Deloitte. This report has yet to be released as of February 2011. Other companies have claimed they can provide alternative technical solutions at lower cost, but the Public Transport minister Terry Mulder said that it was not appropriate to consider these proposals until the Department of Treasury and Finance had costed the options in Deloitte's report. It could cost the government hundreds of millions of dollars to end its contract with Kamco early.