TTC PRESTO

PRESTO rollout on TTC already way over budget

There's more troubling news related to the PRESTO rollout on the TTC today. Even as it's been revealed that many card readers installed on buses aren't working properly, the project is already millions over budget even without significant elements of the work accounted for.

According to a report in the Toronto Star, the rollout had already cost Metrolinx $276 million by the end of March, which is $22 million more than the original budget of $255 million.

That wouldn't be so bad if it wasn't for the fact that this number doesn't factor in the costs associated with finishing installation of PRESTO on buses and Wheel Trans vehicles and increasing the number of self-serve reload machines across the system.

There's a lot left to do, though it's worth noting that the TTC is covering the cost of fare gate installation at subway stations. TTC spokesperson Brad Ross told the Star that its end of the PRESTO rollout is currently on-budget.

One contributing factor in the cost overruns is the delay in the delivery of new streetcars from Bombardier, which necessitated a wider rollout of PRESTO on legacy vehicles. Even with that factored in, however, it appears that the implementation of a fare card system for the TTC will ultimately cost far more than expected.

Photo by Tom Ryaboi.


Latest Videos



Latest Videos


Join the conversation Load comments

Latest in City

Someone documented their first week living in Toronto starting with basically nothing

Ontario snowmobile driver ignites gas station and his own pants in massive fireball

Canadian TD Bank customers can cash in on $16 million settlement soon

Alleged drunk driver pulls into Ontario police station and is immediately arrested

People are obsessing over this suspended staircase hidden inside Toronto building

The history of the Enoch Turner schoolhouse in Toronto

This Toronto ravine and park are home to a hidden TTC exit and a massive reservoir

This is what Toronto highways looked like over the last century