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’s Ventra system achieves one billion transactions in Chicago
    May 19, 2016
    Cubic Transportation Systems’ (CTS) Ventra, the account-based open payment system launched in 2013 for the Chicago Transit Authority (CTA) and suburban bus operator Pace, has processed more than one billion account-based journeys. CTA, with daily ridership of 1.6 million journeys, is the first major transit system in North America to implement account-based open payment and is Cubic’s first large-scale deployment of its NextAccount technology. Ventra supports both account-based processing through an a
    Read More
  • Cubic takes Umo to Cherriots
    September 14, 2022
    Transit system in Salem, Oregon, will use Cubic's payment platform
    Read More
  • UK Police cars to trial hydrogen cars in zero emission project
    March 28, 2018
    Cars from the UK's Metropollitan police are set to be among nearly 200 new hydrogen powered vehicles switching to zero emission miles following an £8.8m ($12.4m) project funded by the Department of Transport (DoT). It is designed with the intention of improving access to hydrogen fuelling stations across the country and increasing the number of hydrogen cars on its roads from this Summer. The scheme is run by a consortium led by Element Energy whose members also include ITM Power, Shell, Toyota and
    Read More
  • Network Rail launches digital strategy to improve travel experience
    May 14, 2018
    Network Rail will carry out a digital railway strategy to help ensure that all new UK trains and signalling are digital or digital ready from 2019. The upgrade is aimed at improving the speed, punctuality and safety of the service. New digital rail technology will be utilised with the intention of allowing trains to run closer together and provide more frequent services. In addition, passengers are expected to be provided with improved mobile and WiFi connectivity. Train drivers will receive real-time
    Read More

Highlighted Content