Cubic Transportation Systems to deliver equipment for NY MTA’s OMNY project

TAGS

Cubic Transportation Systems (CTS) has won a $39 million worth contract from the New York Metropolitan Transportation Authority (NY MTA) to deliver equipment for its new fare payment system – One Metro New York (OMNY).

Under the contract, the business unit of Cubic Corporation will upgrade the fare payment system for Long Island Rail Road and Metro-North Rail Road.

It is an extension of phase four of the OMNY contract awarded by the New York Metropolitan Transportation Authority for upgrading its legacy systems to a new account-based contactless fare payment system for New York City transit, MTA bus and railroads.

See also  IIOT company Andium raises $15m in Series A round

Steve Brunner – senior vice president and general manager of North America, East for Cubic Transportation Systems said: “We are excited to continue our partnership with MTA and begin the work to deliver a contactless fare payment system for all riders on Long Island Rail Road and Metro-North Rail Road.”

Cubic Transportation Systems to deliver equipment for NY MTA’s OMNY project

Cubic Transportation Systems to deliver equipment for NY MTA’s OMNY project. Photo courtesy of Metropolitan Transportation Authority of the State of New York/Wikipedia.org.

As per the scope of the phase four of the contract, Cubic Transportation Systems will be installing vending machines and ticket office machines for selling fare media to travel on Long Island Rail Road and Metro-North Rail Road.

See also  NBT Bancorp to acquire Nasdaq-listed rival Salisbury Bancorp for $204m

After their deployment, the commuters on Long Island Rail Road and Metro-North Rail Road will be able to access to an account-based, fare payment system.

The customers can choose from the different payment options that are associated with OMNY. These include a mobile app, digital wallets, contactless bank cards and contactless transit cards issued by MTA.

See also  Gibraltar Industries buys assets of Delta Separations for $50m

Once the OMNY system is ready, customers will have various round-the-clock self-service options to manage their accounts and options to buy and reload fare media online, at local retailers and also at the railroads and transit stations of New York City.

In 2017, Cubic was selected to design and build the OMNY system for the New York Metropolitan Transportation Authority.

CATEGORIES
TAGS
Share This