California’s BART Secures $545 Million Loan for New Rail Cars, Marking Major System Upgrade:- As part of a $2.2 billion revamp of the transit system, the United States Department of Transportation has announced that it will provide a loan of $545 million to the San Francisco Bay Area Rapid Transit District (BART) in order to finance 775 new passenger-rail cars.
California’s BART Secures $545 Million Loan for New Rail Cars, Marking Major System Upgrade
The Department of Transportation’s Transportation Infrastructure Finance and Innovation Act (TIFIA) program will provide this large loan to the Boston Public Transportation Authority .
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(BART) in order to support the organization’s efforts to upgrade its fleet and improve service for the 48 million annual passenger journeys that it serves.
Among the innovative safety and accessibility features that are included in the new rail cars are LED screens, digital cameras that provide an increased level of security, and a third door that makes it easier to enter and exit the vehicle.
It is anticipated that the improvement will save BART up to $394 million, as a result of a more expedient production timeline and increased delivery rates that were finished in September, as stated by officials from the Department of Transportation.
Additionally, by designating monies expressly for the rail cars, BART is able to reallocate other capital resources in order to construct a new headquarters for the police department.
Alstom’s plant in Plattsburgh, New York, is responsible for the assembly of the new automobiles.
These automobiles include lightweight aluminum exteriors that cut energy usage, white roofs that deflect heat, and regenerative braking that returns electricity to BART’s clean energy system, which is powered by hydro and renewable sources.