Jun 23, 2011

Metro Getting New Fareboxes Later This Year

Federal funds being used to improve fare collection, add new options

CINCINNATI - By the end of the year, Metro will install new fareboxes on all 333 of its buses, thanks to almost $3.6 million in federal funds (80% of the cost of the project).  Metro fareboxes collect about $23 million in fares annually, representing about 27% of Metro's operating revenue.  Metro's current fareboxes are 17 years old and in need of replacement.

Federal funds being used to improve fare collection, add new options

CINCINNATI - By the end of the year, Metro will install new fareboxes on all 333 of its buses, thanks to almost $3.6 million in federal funds (80% of the cost of the project).  Metro fareboxes collect about $23 million in fares annually, representing about 27% of Metro's operating revenue.  Metro's current fareboxes are 17 years old and in need of replacement.

Metro signed the $4.5 million contract yesterday to purchase GFI Odyssey "talking" fareboxes that offer many improvements over Metro's old fareboxes:

"One of our goals is to make riding Metro easier and more convenient for our customers and potential customers," said Terry Garcia Crews, Metro's CEO.  "The new fareboxes will provide more payment options and much greater flexibility for customers, and will help Metro boost productivity by generating detailed ridership data that Metro needs to manage our service. This is one more step in operating a more efficient and customer-friendly public transportation network."

As part of the contract, Metro negotiated to sell its old fareboxes back to GFI.  Metro has received four training fareboxes that are being programmed now to test the new technology before installation on the entire fleet later this year.

Metro's new GFI Odyssey fareboxes are being funded 80% by Section 5307 formula funds and Section 5309 discretionary earmark funds made available by the Federal Transit Administration, matched by 20% local funding.

Metro is a non-profit, tax-funded public service of the Southwest Ohio Regional Transit Authority, providing about 17 million rides per year in the Greater Cincinnati area.

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