MBTA’s new fare system will cost $930 million, a big increase from previous estimates

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MBTA’s new fare system will cost $930 million, a big increase from previous estimates

The Massachusetts Bay Transportation Authority on Monday once again approved a massive upgrade to an all-electronic fare system, a long-delayed project that will now cost much more than previously envisioned.

The MBTA’s oversight board approved major changes to an existing contract with a joint venture led by industry leader Cubic Corp. MBTA officials say the new system will give them the flexibility to charge different fares based on time of day or other factors and integrate ferry and commuter rail fare transfers with the bus and subway systems, while allowing faster boarding of buses and trolleys.

 


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