Walter Cicchetti

Article Highlights

Key Takeaway:

LA Metro launched open-loop payments Thursday, the last of the top 10 largest transit agencies in the U.S. to do so. Cubic Transportation Systems implemented the technology as part of a $66.4 million sole-source contract.

Key Data:

• Document: FAQ for sole-source contract with Cubic, June 2024

Organizations Mentioned:

• LA Metro (Los Angeles)
• Cubic
• Sound Transit
• Bank of America
• Visa

The Los Angeles County Metropolitan Transportation Authority launched open-loop payments yesterday, in time–just barely–for the city to co-host the first of its FIFA World Cup matches in two weeks.

With the launch, LA Metro becomes the last of the top 10 U.S. transit agencies to introduce open loop. Longtime vendor Cubic Transportation Systems implemented the technology as part of a $66.4 million sole-source contract. (See below.) Delivery–on a tight deadline–was believed to have been late.

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