It takes a special kind of genius to burn $50,000,000 in a failed effort to save $13,000,000:
After spending more than $154 million for a system of locking turnstiles and electronic payment cards for the county transit system, officials are discovering that at least a third of the money may have been wasted because they can’t use the new devices as planned.
The Metropolitan Transportation Authority placed the locking turnstiles at subway and light-rail stations to stop fare scofflaws and end what had previously been an honor-based system.
Installed under a $46 million contract, the turnstiles were predicted to save $13 a million a year in lost revenue and reduced fare inspector costs.
But the turnstiles can’t be configured to lock until Metro fully converts to a new electronic Transit Access Pass system – and that is proving nearly impossible.
The stalled effort has raised questions from critics about whether the turnstile contract has turned into a costly boondoggle.
“Raised questions?” I should think pitchforks and torches are in order. The subway itself was a grandiose and monstrous waste of money, do we have to keep throwing ever more into its tunnels?
(via Mayor Sam’s Sister City)