U.S. Transit Agency Releases Cost Analysis for ‘Emergency Procurement,’ Raising More Questions
Texas transit agency Capital Metro stated in an “independent cost estimate” that the emergency fare-system replacement it is buying from Cubic Transportation Systems would cost it less than a similar system the agency could procure on the market. It does not, however, say how it arrived at the estimate for the higher-priced fare system.
An eight-page cost analysis and independent cost estimate (download below), obtained by Mobility Payments, stated that Cubic could replace CapMetro’s existing fare system for a total $5.78 million for
U.S. Agency Releases First Details about Reasons for ‘Emergency Procurement’ to Replace Fare System; is It Enough?
Texas transit agency Capital Metro said 1.25 million fare transactions went unprocessed during a 30-day period last spring by its incumbent vendor, Siemens Mobility, according to the agency in a newly released document that seeks to justify the “emergency purchase” of a new fare system directly from Cubic Transportation Systems.
The document (download below), obtained by Mobility Payments, is the first explanation made public on the reasons for the fast-track procurement last summer.