MBTA Automated Fare Collection System
The MBTA procured the Project through an availability payment-based Public-Private-Partnership. The winning consortium, Cubic | John Laing, is responsible for the design, implementation, financing, operation and maintenance (“DBFOM”) of a new Automated Fare Collection System (“AFC 2.0”) that will simplify fare collection and improve the delivery of transit services. The project will provide for an integrated, modern, reliable and convenient fare payment and collection system that will allow MBTA’s customers to pay fares by tapping contactless bank cards, mobile phones and fare cards across the entire transportation network, which includes subways, light rail, buses, ferries, and commuter rail, throughout the Boston area.
PFAL acted as the financial advisor to the Cubic | John Laing team for this $275 million project.