The Utah Transit Authority (UTA) awarded New Flyer a contract for up to 35 (or 70 equivalent units or EUs) 60-foot New Flyer Xcelsior® diesel-electric hybrid buses.
The contract includes a firm order for 25 (50 EUs) 60-foot diesel-electric hybrid buses and options to purchase an additional 10 (20 EUs) New Flyer 60-foot XDE60 buses over the next five years.
The firm and option quantities for this award were mentioned in the company's 2016 third quarter results announced on Nov. 11, 2016 , and therefore, have already been accounted for in New Flyer's backlog.
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