Capital Metro Transit Authority Awards Technology Contract to Cubic Transportation Systems Inc (August 2024)
Capital Metro Transit AuthorityPublic Authority · Austin, TX- Disclosed value
- Not to exceed $6,360,761 (with 10% contingency)
- From agenda
- Approved
- Aug 26, 2024
- Renews
- Free account
The 30-second brief
CapMetro authorized a contract with Cubic Transportation Systems, Inc. to replace its existing fare systems with the Umo Mobility Platform for up to five years, in an amount not to exceed $6,360,761 including contingency. The project modernizes fare collection across the transit network using advanced mobile and account-based technologies.
Cubic Transportation Systems Inc holds this technology contract with Capital Metro Transit Authority. Its other public contracts on record include work for Omaha Metropolitan Transit Authority and City of Raleigh.
The renewal date is on record. A free account shows it, with the renewals for every Capital Metro Transit Authority contract.
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Contract details
- Contract type
- Technology
- Amount
- Not to exceed $6,360,761 (with 10% contingency)
- Document date
- August 26, 2024
- Term
- One (1) year base period and four (4) one-year option periods
- Renews
- Free account
- Source document
- Capital Metropolitan Transportation Authority Agenda 2024-08-26 (Agenda)
Cubic Transportation Systems Inc's other public contracts
More Capital Metro Transit Authority contracts
Questions about this contract
Who was awarded the technology contract by Capital Metro Transit Authority?
Cubic Transportation Systems Inc was awarded this technology contract by Capital Metro Transit Authority, as recorded on August 26, 2024. The contract value is Not to exceed $6,360,761 (with 10% contingency).
How much is the Cubic Transportation Systems Inc contract with Capital Metro Transit Authority worth?
The Cubic Transportation Systems Inc contract with Capital Metro Transit Authority is valued at Not to exceed $6,360,761 (with 10% contingency), covering technology work.
What type of contract is this?
This is a Technology contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Capital Metropolitan Transportation Authority Agenda 2024-08-26 (Agenda), dated August 26, 2024 from Capital Metro Transit Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Cubic Transportation Systems Inc hold?
Cubic Transportation Systems Inc 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 Capital Metro Transit Authority currently buying?
Explore Capital Metro Transit Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.