Transdev’s VTMI Group Awarded $161M Contract for South Florida Regional Transportation Authority
The South Florida Regional Transportation Authority (SFRTA) Board of Directors awarded VTMI, a Transdev company, a new $161 million dollar contract over seven years on Dec. 5, to inspect and maintain its track, signals and bridges for the agency’s Tri-Rail operation.
The agreement is for a seven-year contract that includes additional option years. The contract encompasses potential additional opportunities to provide rail infrastructure work for capital improvement projects upon request. Transdev will manage this contract with approximately 100 employees and up to 70 pieces of equipment at any given time, depending on the project phase and associated workload. Full Maintenance of Way services will begin in April 2015, but mobilization efforts are already underway.
Tri-Rail provides regional rail service to South Florida and links Miami, Fort Lauderdale and West Palm Beach along a 72-mile corridor that runs parallel to Interstate 95. Its service area is the fifth largest urbanized area in the U.S.
“We are honored to be awarded this contract and bring VTMI’s forward-thinking approach and innovative solutions in rail infrastructure maintenance to SFRTA.” said Paul Marshall, vice president rail infrastructure and head of the VTMI team. He added, “This contract is an exciting opportunity for VTMI and we look forward to bringing our best practices and talent to this project.”
Transdev will bring a team to the project led by General Manager Ken Johnson, as well as new information management systems, and its respected safety-focused culture, employee engagement programs and quality assurance protocols.