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BART Renovation Nears Completion.


News Editors

OAKLAND, Calif.--(BUSINESS WIRE)--Oct. 9, 2003

BART's $1.2 billion system-wide renovation program is now about 95 percent done with over 150 projects completed it was announced today at a regular meeting of the transit system's board of directors.

One critical project, for example, is the recent installation of brand new fare gates system-wide. The new gates have greatly enhanced the ease with which customers enter and exit the system as a result of their high degree of reliability.

Paid for in large part with fare box dollars, beginning in 1995, this comprehensive refurbishing will add many years of life to the 31-year old transit system's facilities with new or rebuilt support equipment. Under this program, the original fleet of 439 A & B Cars were completely rebuilt at less than half the cost per car to purchase new cars. This work has added another 25 years of life to the cars.

Results of BART's last Customer Satisfaction Survey, which gave the system its highest marks since 1996, 80 percent satisfied, indicated respondents' perception of overall improvement in such areas as on-time performance, frequency of trains, and general reliability of support facilities such as elevators and escalators.

BART Board President Pete Snyder said the results of the Customer Satisfaction Survey tie directly back to BART's reinvestment Reinvestment

Using dividends, interest and capital gains earned in an investment or mutual fund to purchase additional shares or units, rather than receiving the distributions in cash.

1. In terms of stocks, it is the reinvestment of dividends to purchase additional shares.
 in the system through its renovation program.

"Without question, BART's renovation program was well timed Adj. 1. well timed - done or happening at the appropriate or proper time; "a timely warning"; "with timely treatment the patient has a good chance of recovery"; "a seasonable time for discussion"; "the book's publication was well timed"  to prepare the system for the demands of the 21st century, ridership rid·er·ship  
n.
The number of passengers who ride a public transport system.
 growth in the years ahead, and support for future extensions," Snyder said.

Another major component of the renovation program, the modernization modernization

Transformation of a society from a rural and agrarian condition to a secular, urban, and industrial one. It is closely linked with industrialization. As societies modernize, the individual becomes increasingly important, gradually replacing the family,
 and replacement of Automatic Ticket Vending (TVM TVM Time Value of Money (business, finance, economics)
TVM Ticket Vending Machine
TVM Thanks Very Much (logging abbreviation)
TVM Transmission Voie Machine
) Machines in all of the system's 43 stations, is currently well underway. The new state-of-the art ticket vending equipment was specifically designed for BART to be as user-friendly as possible. Like bank ATMs, they have on-screen on·screen or on-screen  
adj. & adv.
1. As shown on a movie, television, or display screen.

2. Within public view; in public.
 instructions, and input buttons for easy programming for customer requirements. Other features of the new TVMs include the ability to purchase multiple tickets with one transaction, purchase tickets of up to $60.00 in value, and use credit or debit cards debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account.  for ticket purchases. The Ticket Vending Machines vending machine, coin-operated, automatic device for selling goods. Many vending machines are capable of making change, and some of the more sophisticated ones accept paper money or credit cards.  will issue the new durable plastic tickets. They will also be modified to accept the new $20.00 bills now being issued by the Treasury Department.

When fully installed, the system will have 579 new fare gates, which are 98 percent complete (all but one station); approximately 480 ticket vending machines, about 56 percent complete, and 162 addfare machines, about 60 percent complete. The fare equipment installation is expected to be completed by the end of the year.

Additionally, all of the system's stations now have bill-to-bill changers
''For the species of shapechangers in the Culture novels, see Changers (The Culture)


The Changers are a fictional group of anti-hero published by Wildstorm an imprint of DC Comics.
. These changers, which are completely separate from the ticket and add fare machines will give both five and ten dollar bills for a $20.00 bill.

Other significant renovation program elements which have been completed include: the complete replacement or overhaul of 60 elevators; the replacement or overhaul of 105 escalators (six escalators left to be rebuilt); and expansion of Concord, Hayward, Richmond, and Daly City Daly City, city (1990 pop. 92,311), San Mateo co., W Calif., a suburb of San Francisco; inc. 1911. Daly City is primarily residential, its population having grown significantly since the 1970s.  maintenance shops to accommodate and increase the number of transit cars made ready for service each morning.

BART General Manager Thomas Margro said he was very pleased with the steady progress the renovation program has made over the past eight years. "This has been one of the most critical endeavors BART has undertaken since the system opened in 1972," Margro said.
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Publication:Business Wire
Date:Oct 9, 2003
Words:572
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