State to Pay MBTA Commuter Rail Operator $335M a Year

The base deal for Keolis is higher than what the current operator was paid with its contract a decade ago.

Photo credit: Patch file photo.
Photo credit: Patch file photo.
French rail company Keolis will take over operation of the MBTA's commuter rail system, having won the state's largest operating contract in history, the Massachusetts Department of Transportation's board of directors voted Wednesday.

With MassDOT's approval, state officials revealed the contract price of $2.68 billion over eight years with the possibility for two 2-year extensions, according to a Boston.com report.

The base deal would come to about $335 million per year, higher than the $214 million per year paid to current operator Massachusetts Bay Commuter Railroad Co. when it was first awarded the contract about 10 years ago, according to the report. MBTA General Manager Beverly Scott told the board, however, that the contract contains more potential penalties of $12 million per year versus the current $3 million per year, according to Boston.com.


More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »