Cubic celebrates $540m New York MTA contract
First publishedin ITS World Congress
Lisa Bahr, Marketing Communications Director at Cubic Transportation Systems, celebrates the mega-deal
On the eve of this ITS World Congress, the Cubic team had cause for celebration with the announcement that the company has won a $539.5 million contract from the New York Metropolitan Transportation Authority (MTA) to replace the iconic MetroCard with a world-class new fare payment system.
The new system, which is similar to that used on bus, tube and rail services operated by Transport for London (TfL), will cut costs for the MTA by signifcantly reducing the dispensing of fare media, will streamline fare calculation and phase out 20-year-old equipment that is more costly to maintain each year.
Ultimately, the new system will provide an enhanced and integrated travel experience across the region including seamless access to Long Island Rail Road (LIRR) and Metro-North Rail Road.
“Cubic helped revolutionise fare payment with the MetroCard’s introduction in 1992 and we are honoured to play an important role in the future of mobility in New York,” said Matt Cole, president of Cubic Transportation Systems.
“Cubic’s solution not only provides customers with a better and faster way to pay for transit, but also creates expanded economic opportunity for New Yorkers and job creation across the state through the involvement of minority and women- owned enterprises to help implement the new system.”
Cubic will be responsible for the design, integration, supply and implementation of the new fare payment system; associated services for platform hosting, hardware and software maintenance; and transition services, including supplemental call centre support.
Equipment will include fare validators and new configurable ticket vending machines in the MTA’s 472 subway stations and 6,000 buses. The contract includes an option to support LIRR and Metro-North Rail Road with the purchase of additional validation and vending equipment.Cubic’s partners state-wide will provide manufacturing, call centre and marketing services to the MTA.
Transport for London (TfL), operator of the world’s largest open payment and contactless-based fare collection system, and Mastercard, a global leader in financial services with a strong New York presence, are also Cubic partners in the contract.