Fiscal Note
The 2021 Adopted Capital Budget appropriated $10 million within the Transit Technology System capital project to fund a major technology system conversion within Metro Transit. The funding source for this capital project was originally approved as general obligation borrowing but was changed through File 64972 to use Federal economic recovery funds awarded to Metro.
The proposed resolution authorizes a contract for the fare collection portion of the capital project. The contract cost is not to exceed $3,983,291 over a term of five years. Due to cost increases, the proposed resolution amends the 2022 Adopted Capital Budget to appropriate additional Federal economic recovery funds in an amount equal to the contract cost of $3,983,291. The contract will also result in credit card processing and other transaction fees. These fees are estimated at $70,000 per year over the five-year term and will be included in future Metro Transit operating budget requests.
Title
A Resolution authorizing the Mayor and the City Clerk to enter into a multi-year, competitively selected service contract with Masabi LLC for a Comprehensive Fare Collection Solution for Metro Transit and amending the 2022 Capital Budget to add $3,983,291 in Federal funding to Metro’s Transit Technology System project.
Body
This resolution authorizes a 5 year agreement with Masabi LLC to provide, integrate, and support a comprehensive fare collection solution for Metro Transit. The contract consists of overhauling the fare collection system used by Metro Transit including account-based fare back-end and user interfaces, mobile ticketing application, fare media, fare validators, fare reload kiosks, and a retail network integration. This is the second of two solicitations for Metro’s IT upgrade project solutions, with the other comprising the IT System Upgrade, with a total overall project budget of up to $13.74 million, and a phased implementation occurring during 2022-2024. Due to cost in...
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