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.”

Related Content

  • May 9, 2019
    Switching Atlanta onto MaaS
    It’s easy to talk about MaaS in the abstract – but MaaS isn’t going to work if it’s just a theory. Colin Sowman speaks to one woman about the practical benefits - and difficulties - of getting out of her car and switching to public transit in Atlanta, Georgia One of the first goals of Mobility as a Service (MaaS) inventor Sampo Hietanen is that MaaS should persuade households they don’t need a second car. This is starting to happen - even in the car-dominated US. Last year, authorities in the state of Ge
    Read More
  • January 31, 2025
    Boston transit signal upgrade for Control Technologies
    Move is part of Massachusetts Bay Transportation Authority Better Bus project
    Read More
  • March 8, 2016
    Florida awards e-fare system deal to Init
    Init has been awarded the contract for a region-wide electronic fare management system in Tampa, Florida
    Read More
  • December 10, 2014
    New thinking needed on the transportation front
    Having spent his working life in transportation, Larry Yermack gives his views on today’s technology challenges. I remember it vividly; it was the late 80s, soon after I started as CFO of the Triborough Bridge and Tunnel Authority and I was standing mid-span on the deck of the Verrazano Narrows Bridge on a Friday afternoon.
    Read More

Highlighted Content