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

  • Rochester solves $8.5m transit question
    October 22, 2018
    RTS in Rochester, New York, saves by working with Conduent to upgrade its CAD/AVL systems rather than ripping them up and replacing them. Andrew Bardin Williams hops on for a ride. What to do, what to do?” It’s a question every transportation official must ask when faced with legacy assets, equipment and software that are nearing the end of their useful life. Nothing lasts forever, right? Freeways need to be repaired, bridges replaced, traffic management software updated and railway cars turned into
    Read More
  • Auckland public transit to go contactless in 2024
    June 27, 2023
    New Zealand's biggest city will introduce new payment options alongside its Hop card
    Read More
  • LA Metro extends Cubic’s service contract
    August 14, 2013
    Los Angeles County Metropolitan Transportation Authority (Metro) has awarded Cubic Transportation Systems a US$54.5 million six-year extension to its system support services contract, covering the repair and maintenance of Metro’s rail fare collection equipment, TAP validators for regional bus operators, and the back office systems. The TAP system supports six rail lines, 80 stations, and over 4,000 buses regionally. Cubic maintains and supports more than 2,000 devices under this service contract. “Our c
    Read More
  • Moovel launches transit benefit system
    April 10, 2018
    Portland-based Moovel will launch a system that intends to increase transit ridership and streamline ticketing by allowing riders to access benefits and reduced fares from their mobile devices. Called FareShare, the mobile app and online system aim to provide passengers with a better travel experience and reduce operational costs for transit agencies by removing the distribution and tracking of physical transit passes. The solution will be available to universities, employers and other organisations that
    Read More

Highlighted Content