Article Highlights
Cubic Transportation System is expected to win a major fare-system contract, with the staff of Philadelphia’s SEPTA recommending that the board award an up to $211 million contract to Cubic to implement and operate the agency’s Key 2.0 system. As Mobility Payments earlier reported, Cubic was shortlisted for the project to replace incumbent Conduent.
• Document: Earlier agenda for Dec. 19 meeting.
Assuming the board approves the new contract, Cubic is to begin work on Key 2.0 in February, beginning a “phased” five-year implementation. The contract includes 12 years of operations and maintenance.
• SEPTA (Philadelphia)
• Cubic
• Conduent
• Accenture
• INIT
• Indra
Cubic Transportation Systems is expected to win the major fare-system project from the Southeastern Pennsylvania Transportation Authority, or SEPTA, an up to $211 million deal to implement and operate the agency’s planned Key 2.0 system.
Update: SEPTA abruptly pulled a proposed resolution from the board agenda for the Dec. 19 meeting this week to approve Cubic, with a spokesman telling Mobility Payments only that “discussions about the proposal will continue between board members and SEPTA staff.” He did offer more details for the change. An earlier agenda (see page 17), as of last Thursday, Dec. 12, had the proposed resolution scheduled to go foward for a vote Dec. 19 with a recommendation to hire Cubic. There’s no evidence yet that the SEPTA staff has withdrawn that recommendation.
Subscription Required
This premium content is only available to subscribers
Article has about801words.
To keep reading, subscribe today
Get access to premium content from the only global publication devoted exclusively to mobility payments by subscribing today to the most authoritative source for news and analysis in the industry.
