P3 agreement sets out to improve public transit travel in Boston

Cubic subsidiary Cubic Transportation Systems (CTS) and John Laing Consortium have executed an agreement with the Massachusetts Bay Transportation Authority (MBTA) to implement and operate a new fare payment system. The public-private partnership (P3) has formed with the intention of improving the quality of public transit travel for passengers in a base contract valued $699m (£493m). The system intends to allow passengers to create personalised transit accounts to see ride history, check balances, add
March 27, 2018 Read time: 2 mins

378 Cubic subsidiary Cubic Transportation Systems (CTS) and John Laing Consortium have executed an agreement with the Massachusetts Bay Transportation Authority (MBTA) to implement and operate a new fare payment system. The public-private partnership (P3) has formed with the intention of improving the quality of public transit travel for passengers in a base contract valued $699m (£493m).

The system intends to allow passengers to create personalised transit accounts to see ride history, check balances, add value and report lost or stolen cards to protect their funds. In addition, mobile phones can be used to check account balances and recharge fare accounts.

This contract also includes ten years of operations and maintenance as well as two five-year extension options.
 
Bradley H. Feldmann, president and chief executive officer of Cubic, said: “This financial closure is the first major step for the MBTA AFC 2.0 project and we look forward to an ongoing successful partnership and implementation. It is an honour for our company to be part of such a monumental partnership and we’re confident that our advanced fare payment technology will improve the MBTA rider’s experience for decades to come.”

For more information on companies in this article

Related Content

  • Cubic wins Singapore fare collection project
    September 16, 2016
    A consortium of Cubic Corporation subsidiaries, Cubic Transportation Systems (Australia) and Cubic Technologies Singapore (C-Tech) has signed a contract with the Land Transport Authority (LTA) in Singapore to design and deliver automated fare collection equipment for the authority’s future Thomson-East Coast Line.
    Read More
  • Serco awarded parking enforcement and traffic control operations
    July 8, 2014
    In a contract valued at US$25 million, Serco is to provide parking enforcement, management of parking meter operations and traffic control operations for the City of Inglewood, California. Serco will begin work on this contract at the end of June and expects to hire up to 75 new jobs in the community. The contract has a ten-year base period and the potential for two five-year option periods. Serco will provide daily parking enforcement, traffic control, dispatch, customer service, enforcement using lice
    Read More
  • Suppliers reshape to provide tolling and traffic management expertise
    August 2, 2013
    Jason Barnes examines the trend towards single source supply of complete tolling and traffic management solutions with some senior tolling industry figures. Only a few years back, the major tolling system suppliers were aggressively positioning themselves as one-stop shops for tolling solutions and operations. No sooner has that little flurry of innovation settled than another trend has emerged – tolling companies wanting to become major ITS suppliers as well. Various tolling company seniors have in recent
    Read More
  • Fluor: here's how to fix US infrastructure
    June 14, 2018
    US president Donald Trump’s comments about the country’s ‘crumbling infrastructure’ led many in the ITS sector to spot an opportunity to help with other solutions. David Seaton of Fluor ponders the scale of what’s required and considers some projects which have boosted mobility We can no longer wait for future generations to address this nation’s crumbling infrastructure. We need to act now. The problem is substantial, to say the least. The American Society of Civil Engineers predicts that failing to clo
    Read More

Highlighted Content