Keolis Under Review for New Major Transit Contract in Massachusetts
What happened
Keolis is currently under review for a new contract to run regional commuter rail services in Massachusetts. The original 2014 deal estimated the potential revenue for Keolis at $4.2 billion over 12 years. To date, the cost to the Massachusetts Bay Transportation Authority has reached $5.2 billion, and the total bill for the service could exceed $10 billion.
From bostonglobe.com
Why it matters
The T is evaluating Keolis alongside two other bidding groups for the new nine-year operating contract. Final bids for this major potential contract are due Monday. The T will decide by the end of the year which of the three companies will receive the contract.
From bostonglobe.com
Who's involved
- KeolisMultinational transport company whose bids are under review for a major service contract.
- MassachusettsState of the United States of America where the potential transit service is located.
- Massachusetts Bay Transportation AuthorityPublic transit operator in the Boston metropolitan area that is the current service provider.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Massachusetts Bay Transportation AuthoritySpeculative
The MBTA might face intense pressure due to operational cost overruns, aging infrastructure, and the need to award a major operating contract.
Keep exploring
The entities involved
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Keolis
multinational transport company based in France
Nothing else this week.
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Massachusetts
state of the United States of America