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In 2014, inMOTION was awarded an exclusive 22-year license by Boston’s MBTA to design, build, finance, and operate a multi-application high-speed network along the MBTA Commuter Rail System and on MBTA ferries.
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The budget that was approved unanimously by the Fiscal and Management Control Board directs T officials to find $1 million in savings from The Ride, $5 million from the commuter rail, and $8 million from bus maintenance.
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Introducing alcohol ads could boost advertising revenues by $1.5 million to $3 million, the report said.
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The agency had the highest vehicle maintenance costs per hour of bus operations among the 25 largest U.S. public transit agencies in 2015.
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The proposal to cut the weekend service for a year, which had been heavily criticized, was among a number of options on the table as the public transit agency looks to close a $42 million budget gap.
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He has significant experience managing high-density transit design, operations, maintenance and construction in heavily urbanized environments such as the Northeast corridor and the New York metropolitan region.
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The additions are intended to cut down on estimated $35 million the system loses to fare evaders annually.
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The move is the latest effort by the transit system to reduce costs through outsourcing.
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Plan includes policies for restructured bus routes, autonomous vehicles and development of 'microhubs' with access to bike- and carshare options.
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The program was initially offered to 400 customers, but starting on Wednesday it is available to anyone eligible for The Ride.
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