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Awarded contract·VIA Metropolitan Transit·Texas

Purchase of Fare Collection System

Won by Genfare, a Division of SPX Corporation$5MSingle Award
Contract source

Awarded vendors

  • Genfare, a Division of SPX Corporation

Description

VIA Metropolitan Transit is seeking to purchase an Automated Fare Collection System. The system should have proven and reliable technology to address various objectives, including increasing revenue, reducing fare evasion and fraud, and enhancing customer convenience. The contract was awarded to Genfare, a Division of SPX Corporation. The key features of the contract include the purchase of a fare collection system, with the goal of improving the efficiency and effectiveness of the transit system. Some of the key benefits of the system include: • Increased revenue • Reduced fare evasion and fraud • Enhanced customer convenience • Reduced operating costs • Improved data collection for tailored service to ridership • Provisions for a wide range of fare policies and fare structures • Minimized maintenance costs

Attached files

Key dates

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Information Technology and Software Development
NAICS
541512
Solicitation №
12-252

Contract value

$5,000,000

The value of the contract is not explicitly stated in the document. However, based on the scope of work and the fact that it's a fare collection system for a metropolitan transit agency, it's likely to be a significant contract. A rough estimate could be in the range of $1 million to $10 million, considering the complexity of the system and the size of the transit agency.

AI estimate from the award documents

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