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NJ Transit awards $1.56 billion 15-year contract to ACI-Herzog Joint Venture to operate and maintain Hudson-Bergen Light Rail Line
Nov 18, 2024•over 1 year ago
Contract Type
contract
NewarkTransportation
Description
NJ Transit's board of directors voted to replace The 21st Century Rail Corporation with ACI-Herzog Joint Venture, awarding them a $1.56 billion 15-year contract to operate and maintain the Hudson-Bergen light rail line. The contract will focus on maintaining the high standard of service for customers and includes components for Rail Operations, Maintenance of Way, Vehicle Maintenance, as well as capital work.
Company Information
Company
NJ Transit
Location
Newark, New Jersey, United States
About
NJ Transit is a state-owned public transportation system that serves the state of New Jersey as well as portions of New York and Pennsylvania.
NewarkTransportation