Vancouver transit authority TransLink has issued a request for proposal to upgrade its fare-payments system, a project that could be worth an estimated CA$507 million (US$360 million) in capital expenses alone.
The estimate comes from TransLink’s 2025 Investment Plan, approved in April. The plan (download below), spreads design, implementation and installation costs largely over five years, though 2031. No figure is available yet for operations and maintenance.
“These are preliminary estimates; the final budget will be determined once we have identified a vendor,” a TransLink spokesman told Mobility Payments.