Fare Elasticity Study Consultant Services

The St. Lucie County Board of County Commissioners Transit Department is seeking a consultant to conduct a Fare Elasticity Study. The purpose of this study is to estimate how transit ridership responds to fare implementation and provide actionable insights to support data-driven fare policy decisions. The scope of work includes analyzing the impact of fare changes on transit ridership and providing recommendations for fare policy. The ideal candidate will have experience in transportation consulting and fare elasticity studies. • The consultant will be responsible for conducting a comprehensive analysis of the transit system's fare structure and its impact on ridership. • The study will provide recommendations for fare policy and implementation. • The consultant will work closely with the Transit Department to ensure the study meets their needs and expectations.