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Company will deliver up to 330 buses, with a firm order of 307 buses to be delivered between 2020 and 2022.
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Since camera enforcement on the M15 began, there have been improvements in bus speeds on First and Second Avenues.
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Proposal also includes $253 million in higher farebox revenue than projected in the July plan due to increased ridership across system.
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The agency is only the second government entity in the U.S. to commit to a science-based target to drive down greenhouse gas emissions.
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Invites vendors with specific expertise in four major categories including, police/safety, and construction/development, to submit bids.
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Subway average weekday ridership of 5.77 million in September was up 4.5% over the prior year, and local bus ridership of 2.25 million was 1.5% over the previous year.
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The MTA also announced the creation of the University Partnership for Adaptive Technologies & Mass Transit Innovation.
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Proposed investment is by far the highest in the MTA's history, increasing spending on infrastructure by 70% over current levels.
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To better serve customers, agencies are revamping services and offering more mobility options, including bike-share, ride-share, microtransit, and more.
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Hakim has spent three decades at the MTA over two separate stints, with her resignation coming during a tumultuous period at the agency.
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