The contracts with both companies are for five years with an option to renew for an additional five years. Under the new agreement, Liberty Lines will be paid a maximum of $113,650,295 while PTLA will be paid $2,370,614 in 2014, officials said.
The new agreement represents a savings of more than $3.3 million in the first year for Liberty Lines. The deal with PTLA remains the same as the previous agreement.
"This outcome protects our taxpayers and Bee-Line bus riders," County Executive Robert Astorino said in a statement. "Our bus system serves about 115,000 weekday riders, and this ensures that service remains dependable at the best possible price for both riders and taxpayers."
The new contracts will be submitted by Astorino to the Board of Acquisition & Contract for review and approval on Thursday, Dec. 12.
The Bee-Line network serves approximately 32.4 million customers a year in Westchester, Putnam and New York City.
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