NJ Transit replaces company that built, ran Hudson-Bergen light rail for 30 years

  • 📰 njdotcom
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

@River News

Business Business Latest News,Business Business Headlines

The company that built and operated NJ Transit's first light rail line for almost 30 years was ousted when the agency's board awarded a $1.5 billion contract to a Boston based contractor.

The company that designed, built, maintained and operated NJ Transit’s first light rail system for 28 years won’t run it any more.

The board awarded a $1.56 billion, 15-year contract to ACI-Herzog Joint Venture of Boston, Massachusetts, to operate and maintain the light rail line in Hudson County that is owned by NJ Transit and operated under contract that expires in 2025. The contract for what will be the second operator in Hudson-Bergen light rail‘s history will “focus on maintaining the high standard of service Hudson-Bergen Light rail customers continue to expect,” said Kevin Corbett, NJ Transit CEO at the meeting.

That capital work is defined in a Capital Plan, which describes work that falls within a Capital Asset Replacement Program and Capital Improvement Projects on the system.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 282. in BUSİNESS

Business Business Latest News, Business Business Headlines