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MTA awards $10.5 million contract to Cubic for new electronic fareboxes; will simplify NYC-regional bus travel.


NEW YORK--(BUSINESS WIRE)--Feb. 27, 1996--The Metropolitan Transportation Authority (MTA (1) (Message Transfer Agent or Mail Transfer Agent) The store and forward part of a messaging system. See messaging system.

(2) See M Technology Association.

1. (messaging) MTA - Message Transfer Agent.
) has awarded the Cubic Revenue Collection Group a $10.5 million contract to provide new electronic fareboxes for seven private bus lines serving New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
, the company announced Tuesday.

The Cubic Revenue Collection Group is a subsidiary of San Diego- based Cubic Corp.

The new fareboxes will be fully compatible with the integrated farebox units that were recently installed on the 3,700 buses operated by the MTA New York City Transit (NYCT NYCT New York City Transit
NYCT New York Community Trust
NYCT New York Circle of Translators
) and provide greater convenience and ease of use for passengers throughout the metropolitan area. These fareboxes were part of a $25.7 million contract that Cubic received in 1994.

Work on the project will begin immediately.

The seven private bus lines will be equipped with the new fareboxes to provide local and express service for riders in Queens, Brooklyn, the Bronx and Manhattan. A total of 1,139 electronic fareboxes will be installed on the following bus lines: Command, Queens Transit, Triborough Coach, Green Bus Lines Green Bus Lines was a bus company in New York City run by Mr. Jerome Cooper, United States, operating local service in Queens and express service to Manhattan until January 9, 2006, when the MTA Bus Company took over its routes. , Jamaica Bus Lines, Liberty Lines and New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Bus Service.

The contract with Cubic includes design, manufacture, installation, training and warranty.

The new fareboxes will accept coins, tokens and MetroCards for payment of fares. They also are capable of issuing and accepting electronically encoded magnetic-stripe transfers as well as MetroCard.

MetroCard is a stored-value farecard about the size of a credit card. It was first introduced in 1994 and is now accepted on all MTA buses and at most subway stations. MetroCard also will be accepted on the Staten Island Ferry The Staten Island Ferry is a passenger ferry operated by the New York City Department of Transportation between Whitehall Street at the southernmost tip of Manhattan near Battery Park (South Ferry) and St.  in the future to round out the ``one-card-fits-all'' approach to intermodal transportation.

The MTA exercised its option for the procurement to simplify fare payment by providing MetroCard on the private lines as well as the NYCT-operated lines.

``The acquisition and installation of these new fareboxes moves us one step closer toward making MetroCard the convenient key to our area's mass-transit network -- subways, buses, commuter railroads and ferries,'' said E. Virgil Conway E. Virgil Conway is an American attorney, banker, philanthropist and civic leader who served as Chairman of the New York State Metropolitan Transportation Authority from 1995 to 2001. , MTA chairman.

``All 3,700 MTA New York City Transit buses New York City Transit Authority (NYCTA) and its subsidiary, the Manhattan and Bronx Surface Transit Operating Authority (MaBSTOA), both branded as MTA New York City Bus, operates roughly 4500 buses[6] on about 200 local and 40 express routes[7]  already accept the card, and there are over 150 MetroCard subway stations, with more added each week. By the end of next year, all subway stations around the city will accept the cards.''

CONTACT: Cubic Corp., San Diego

Gerry Reeves, 619/277-6780 (office)

619/447-2582 (home)
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 27, 1996
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