Next Generation Fare Collection Project CTA Board Meeting August 12, 2009 Side: Project Overview What is the Next Generation Fare Collection Project? A project that will move CTA from using... Transit-issued currency to Open, standardized currency Slide: Project Overview How will the Next Generation Fare Collection Projectget us there? 1.Partner with private partners (ex. banks and system integrators) to: .shift implementation costs .access cost efficiencies .develop revenue opportunities 2.Utilize a competitive, 2-step procurement process that: .ensures appropriate technical choices are made .maximizes economic attributes of business case Slide: Customer Benefits The CTA is using a proactive and innovative approach to anticipate and address customer improvements well into the future. This Future State will offer CTA Customers three major benefits: Touch and go payment for all riders Automated repurchase of passes & special fares Faster and easier access to the system Slide: CTA Benefits The CTA will also enjoy benefits well into the future as a result of implementing this project: Focus on core business of providing safe, reliable and affordable transit Minimize continued investment in current proprietary system Significantly improve fare collection & operating efficiencies Access private capital to fund capital expense to move to open system Slide: Proven Success in Public Transit New York City Pilot Program .The New York City Transit System (NYCTS) successfully completed an open fare pilot in 2007. .For the pilot, NYCTS collaborated with Citiand MasterCard on the Lexington line .They are expanding to the 2ndphase of their pilot which will be launched in late 2009 and will include other modes of public transit (rail, bus, heavy rail) encompassing approximately 1.5 million daily rides Successful Pilots / Full Implementations Active Procurements .New York pilot program .LA Metro pilot program .BART / Bay Areapilot program .Utah Transit Authfull implementation .SEPTA (Philadelphia) –proposals due August 18, 2009 .WMATA (Wash D.C.) -proposals due August 12, 2009 Slide: Next Steps Note:The above dates are estimated target dates and are subject to shifting as the project unfolds. We will keep you apprised of date shifts / changes as the project proceeds. The Project Plan calls for a 2-step RFP process Complete RFP process and commence transition to open fare system in Summer 2010 Complete transition and achieve full implementation by Summer 2012