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

  • June 5, 2015
    Mega trends will challenge transport technology
    Jon Masters investigates some of the longer term trends that will shape transportation over the next 20 years. Business analysts and investors have already placed their bets on a future of technological smart mobility services. In December last year, the Wall Street Journal reported that Uber, the on-demand taxi and lift share smartphone app and start-up business, had been valued at $41.2 billion which, as the Journal reported, is an incredible vote of confidence for a company only five years old.
    Read More
  • March 4, 2019
    Kerb your enthusiasm, warns Passport
    Dynamic kerbside management is crucial if urban authorities are to address increasingly chaotic situations caused by the gig economy and mobility innovation, says Adam Warnes at Passport Demand for the kerbside is growing and changing and it’s no surprise when you consider the recent innovations within the mobility industry. For starters, there are new modes of transport, including ride-shares, electric vehicles (EVs), dockless cycles, last-mile consolidations and autonomous vehicles (AVs). Secondly, the
    Read More
  • November 6, 2019
    Parking operators need to learn from Uber
    For parking operators' customers, end of journey may just be start of frustration
    Read More
  • November 7, 2012
    Europe's electronic toll service closer to operational reality
    After much debate and delay, a unifying European Electronic Toll Service is now finally on the horizon, says ASFiNAG’s Klaus Schierhackl. Here, he talks with Jason Barnes about what that might mean. Aworkable European Electronic Toll Service (EETS) which will allow truck drivers to travel across the continent and pay tolls using a single account and OnBoard Unit (OBU) was originally timetabled to be in place and operating by October of this year. A lack of urgency from some of the stakeholders involved in t
    Read More

Highlighted Content