Southeastern Pennsylvania Transportation Authority Awards Financial Services Contract to Federal Transit Administration (June 2024)
Southeastern Pennsylvania Transportation AuthorityPublic Authority · Philadelphia, PA- Disclosed value
- $317 million
- From budget
- Awarded
- Jun 27, 2024
The 30-second brief
The Federal Transit Administration awarded SEPTA a $317 million competitive grant to replace its aging M‑4 Market‑Frankford Line railcars. This record-setting grant will underwrite a major portion of the authority’s fleet modernization program.
Federal Transit Administration holds this financial services contract with Southeastern Pennsylvania Transportation Authority. Its other public contracts on record include work for Westchester County and Lehigh Valley Transportation Study.
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Contract details
- Contract type
- Financial Services
- Amount
- $317 million
- Document date
- June 27, 2024
- Source document
- SEPTA FY 2025 Budget Final Approved June 2024 (Budget)
Federal Transit Administration's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Southeastern Pennsylvania Transportation Authority?
Federal Transit Administration was awarded this financial services contract by Southeastern Pennsylvania Transportation Authority, as recorded on June 27, 2024. The contract value is $317 million.
How much is the Federal Transit Administration contract with Southeastern Pennsylvania Transportation Authority worth?
The Federal Transit Administration contract with Southeastern Pennsylvania Transportation Authority is valued at $317 million, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a budget record.
Where was this contract approved?
This contract appears in SEPTA FY 2025 Budget Final Approved June 2024 (Budget), dated June 27, 2024 from Southeastern Pennsylvania Transportation Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Federal Transit Administration hold?
Federal Transit Administration may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Southeastern Pennsylvania Transportation Authority currently buying?
Explore Southeastern Pennsylvania Transportation Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.