Article Highlights

Key Takeaway:

Vendor Scheidt & Bachmann is believed to have lost its $63.6 million contract to build a new fare system for Baltimore-based transit agency Maryland Transit Administration. The vendor and state officials have not confirmed the contract termination.

Key Data:

Document: Board agenda item for contract award for core fare system to S&B, Oct. 2023

Document: Board agenda item for contract award for fare boxes to Genfare, Nov. 2023

Organizations Mentioned:

• MDOT MTA (Baltimore)
• Scheidt & Bachmann
• Genfare
• INIT
• Vix Technology
• MTA (New York)

Vendor Scheidt & Bachmann is believed to have lost a major contract it was awarded in 2021 to overhaul the fare system of Baltimore and the surrounding metropolitan area by the U.S. state of Maryland, Mobility Payments has learned.

Multiple sources told Mobility Payments the state terminated the contract, which was expected to be worth $63.6 million over 14 years. Neither the Baltimore-based Maryland Transit Administration, which is part of the state Department of Transportation, nor Germany-based Scheidt & Bachmann’s U.S. subsidiary, confirmed the cancellation of the contract. They also did not respond to multiple requests for comment.

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