February 10, 2010

CTA to issue bonds for new railcars

The Chicago Transit Board approved an ordinance authorizing the Chicago Transit Authority (CTA) to issue revenue bonds that will allow the agency to purchase 406 railcars.

When the procurement began in 2006, CTA programmed the issuance of bonds as part of its capital spending. The agency now will move forward with those plans. The amount for the bonds is not to exceed $550 million. The total cost of the railcars is $674 million.

In 2006, CTA ordered 406 new railcars. The contract contains additional options that could bring the total purchase to 706 cars. The Federal Transit Administration (FTA) and Illinois Department of Transportation (IDOT) also provided some capital funding for the railcars.

The railcars will replace older railcars that are 30 years old to 40 years old, such as the 2200-series Budd cars that were purchased in 1969-70, as well as the 2400-series Boeing-Vertol cars purchased in 1976-78.

The new railcars — the prototypes of which are undergoing testing on CTA's system — have upgraded features such as security cameras, aisle-facing seating and AC, or alternating current, traction motor propulsion.

CTA's last railcar purchase was in the 1990s when 3200-series cars were purchased for the opening of the Orange Line, and to replace older cars on the Brown and Yellow Lines.

Through a competitive RFP process, CTA selected Bombardier Transit Corp. located in Bensalem, Penn. for the contract.  

 

deli.cio.us digg it stumble upon newsvine
[ Request More Info about this product / service / company ]


E-NEWSLETTER

Receive the latest Metro E-Newsletters in your inbox!

Join the Metro E-Newsletters and receive the latest news in your e-mail inbox once a week. SIGN UP NOW!

View the latest eNews
Express Tuesday | Express Thursday | University Transit

White Papers

Factors in Transit Bus Ramp Slope and Wheelchair-Seated Passenger Safety Nearly 3 million U.S. adults are wheelchair or scooter users1, and as the population ages this number is expected to rise. Many wheelchair users rely upon public transportation to access work, medical care, school and social activities.

Mass Transit Capital Planning An overview of the world-class best practices for assessing, prioritizing, and funding capital projects to optimize resources and align with the organization’s most critical immediate and long-term goals.

The Benefits of Door-to-Door Service in ADA Complementary Paratransit Many U.S. transit agencies continue to struggle with the quality of ADA service, the costs, and the difficulties encountered in contracting the service, which is the method of choice for a significant majority of agencies. One of the most basic policy decisions an agency must make involves whether to provide door-to-door, or only curb-to-curb service.

More white papers


 
DIGITAL EDITION

The full contents of Metro Magazine on your computer! The digital edition is an exact replica of the print magazine with enhanced search, multimedia and hyperlink features. View the current issue