Article Highlights

Key Takeaway:

An look at the big winners and losers of Philadelphia transit agency SEPTA’s procurement of its planned Key 2.0 fare system.

Key Data:

• Document: SEPTA staff summary and recommendation, Jan. 2024

• Table: Summary of bids and ratings, Jan. 2024

Organizations Mentioned:

• SEPTA (Philadelphia)
• Cubic
• Conduent
• Accenture
• INIT
• New Jersey Transit
• WMATA (Washington, D.C.)
• LA Metro (Los Angeles)
• NTT Data

 

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.

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