Bombardier Transportation signed a new contract with New Jersey Transit Corp. (NJ TRANSIT) at the end of September to provide operations and maintenance services for NJ TRANSIT's River Line Light Rail system.
The contract is valued at approximately $296 million and covers a period of 15 years. The agreement includes an option for an additional five years.
Through its wholly-owned subsidiary Southern New Jersey Rail Group, Bombardier has been operating and maintaining the River Line Light Rail system since its opening in March 2004.
Bombardier's scope of work under the new contract, effective March 14, 2015, will include train operations, dispatching, vehicle maintenance as well as maintenance for all right of way, facilities and signaling infrastructure.