In-Depth: Cubic Gets Must-Win Contract in Philadelphia, Beating Accenture on Price; Incumbent Conduent Sent Packing
Cubic Transportation Systems, as expected, won a major fare-system contract from the Southeastern Pennsylvania Transportation Authority in Philadelphia, with the SEPTA board approving a $211 million deal Thursday.
It was considered a must-win contract for Cubic, which has been seeking to turn around its fortunes after failing to win a major competitive contract for more than 18 months.
Philadelphia Launches Much-Delayed Open-Loop Service, as It Procures New Fare System
Philadelphia transit authority SEPTA launched its long-delayed open-loop payments service Friday under its existing contract with fare-system supplier Conduent, even as the authority pursues the procurement of a new fare system that could end up replacing the vendor.
SEPTA, or Southeastern Pennsylvania Transportation Authority, launched open-loop on its buses, subway and trolleys, with commuter rail planned for early next year. All modes together will “include” use of 4,200 terminals that Conduent supplied, a SEPTA spokesman confirmed Friday to Mobility Payments.