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

  • January 25, 2018
    Hurdles to MaaS adoption highlighted
    Jack Opiola talks to some MaaS advocates in the US. Cities will accommodate almost 60% of the world’s population by 2025 and technology is outpacing transportation plans and planners - putting extreme pressures upon planners and transportation systems alike. Big data, digital payments, ubiquitous communications, smartphone applications, on-demand travel and autonomous vehicles are all shredding existing transport plans. Never before has the pace of population growth and the tools to address this problem
    Read More
  • November 2, 2017
    Balfour Beatty Living Places secures five year contract extension from Southampton City Council
    Balfour Beatty Living Places (BBLP) has been awarded a five year Highways Services Partnership contract extension by Southampton City Council which aims to provide an efficient, sustainable and community focused highways service. The extension builds on a 10 year contract which started in October 2010 and increases it until the end of September 2025.
    Read More
  • August 30, 2017
    Vancouver’s TransLink achieves one billion Compass Card ‘taps’ since launch
    Canadian transportation authority TransLink’s Compass Card contactless smart card payment system, designed and integrated by Cubic Transportation Systems (CTS) has processed more than one billion ‘taps’ since its launch in 2015. Compass Card processes more than 43 million card ‘taps’ each month and over 1.5 million every weekday, with 95 per cent of all fares now being paid using a Compass product. The Compass Card links all of TransLink’s services and fare products in Metro Vancouver to a single payment s
    Read More
  • September 6, 2017
    Rating agency Standard and Poor Tolling sees a bright future for tolling
    Few disruptions appear on the horizon for global toll road operators, with the US poised to become a better bet for major investment, according to ratings agency Standard and Poor’s (S&P’s) Global Ratings’ 2017 report, which rates toll road operators according to their ability to raise capital. The outlook is generally stable for business conditions and credit quality for toll roads worldwide. One positive exception is the US where the overall outlook is ‘positive’ as S&P expects traffic growth to increase
    Read More

Highlighted Content