Central Computer, Clearinghouse Integration Contracts for Los Angeles Region
Cubic has received contracts totaling more than $6 million for central computer and clearinghouse integration that will complete the technology needed to operate the Universal Fare System, the Cubic-designed regional transit smart card-based fare collection system that will connect Los Angeles County, and potentially the surrounding counties with a common smart card.
The future smart card, called “TAP,” will
give riders a cashless, more convenient way to travel
and transfer between Metro, the commuter rail line
Metrolink and any of nine L.A. County bus operators
Cubic will deliver L.A. Metro’s Regional Central Data Collection System (RCDCS) under a contract worth more than $5.9 million. The company will provide the regional back office and clearinghouse technology to perform funds settlement and financial reconciliation and manage data for the regional participants. The technology will be used to generate reports; manage the Autoload function and hotlist files; perform credit/debit card transaction processing; and distribute TAP card information to the TAP services providers.
“The RCDCS is the final technology piece to
enable seamless travel for our region’s patrons — a
project in the making for almost a decade. In addition,
the potential to connect other counties, and add other
functionality such as retail, parking, hotels and schools
is exciting, and certainly one of the biggest opportunities
to change the delivery of public transit systems in
the region,” said Jane Matsumoto, project manager
Universal Fare Systems for Metro’s Transit Operations.
A separate contract for approximately
$218,000 from Long Beach Transit calls for Cubic to
supply, host and manage the agency’s central
computer — an interim step during the development
and integration phase of Metro’s RCDCS, but one
which will enable Long Beach Transit to deploy its
new fareboxes to replace its aging system as soon as
possible. For both contracts, the underlying technology
is based on Cubic’s Nextfare™ Central System,
a configurable suite of software modules and applications
that provide the core fare collection and financial
operations including revenue clearing, settlement and
reporting.
In recent months, Cubic also has opened a customer services center in the Los Angeles region that will support the company’s maintenance of the regional system and other emerging opportunities from transit operators.
Metro initiated development of the Universal Fare
System with the award of an $84 million contract to
Cubic in 2002. Since then Cubic also has received more
than $17.9 million in contracts from nine bus operators
across L.A. county, including Long Beach, to provide fareboxes so they can join the regional system.
|