IPTC Recommends Masabi Electronic Fare System Upgrade
- Disclosed value
- Not to exceed $2,165,000; annual operating costs estimated at $35,964 in FY2026, $37,763 in FY2027, and $39,651 in FY2028
- From agendapacket
- Document date
- Jun 18, 2025
- Term
- Three years; renewal in March 2029
- Renews
- Free account
The 30-second brief
IPTC recommended a three-year Masabi contract to upgrade its electronic fare collection system through NEORide's master service agreement. The project is capped at $2.165 million and includes fare validation, inspection, mobile ticketing, licensing, maintenance, and support.
Masabi LLC holds this technology contract with Indianapolis Public Transportation Corporation. Its other public contracts on record include work for Sonoma-Marin Area Rail Transit District and Collier County.
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Contract details
- Contract type
- Technology
- Amount
- Not to exceed $2,165,000; annual operating costs estimated at $35,964 in FY2026, $37,763 in FY2027, and $39,651 in FY2028
- Document date
- June 18, 2025
- Term
- Three years; renewal in March 2029
- Renews
- Free account
- Vendor
- Masabi LLC
- Source document
- Indianapolis Public Transportation Corporation AgendaPacket June 18, 2025 (AgendaPacket)
Masabi LLC's other public contracts
More Indianapolis Public Transportation Corporation contracts
Questions about this contract
Who was awarded the technology contract by Indianapolis Public Transportation Corporation?
Masabi LLC was awarded this technology contract by Indianapolis Public Transportation Corporation, as recorded on June 18, 2025. The contract value is Not to exceed $2,165,000; annual operating costs estimated at $35,964 in FY2026, $37,763 in FY2027, and $39,651 in FY2028.
How much is the Masabi LLC contract with Indianapolis Public Transportation Corporation worth?
The Masabi LLC contract with Indianapolis Public Transportation Corporation is valued at Not to exceed $2,165,000; annual operating costs estimated at $35,964 in FY2026, $37,763 in FY2027, and $39,651 in FY2028, covering technology work.
What type of contract is this?
This is a Technology contract, documented as a agendapacket record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Indianapolis Public Transportation Corporation AgendaPacket June 18, 2025 (AgendaPacket), dated June 18, 2025 from Indianapolis Public Transportation Corporation. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Masabi LLC hold?
Masabi LLC 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 Indianapolis Public Transportation Corporation currently buying?
Explore Indianapolis Public Transportation Corporation's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.