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CTA amends CRRC railcar terms to manage escalation; staff warns of higher market prices for new cars
Chicago Transit Authority Board · June 12, 2025
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Summary
Board placed on omnibus an amendment to CTA's contract with CRRC covering escalation indices, taxes/duties and bonding. Staff said about 230 base-order 7000-series cars have been delivered; per-car costs under the base order are around $1.5M but a contemporary independent estimate for new procurements exceeds $4.25M per car.
Kent Ray, general counsel, presented an amendment to CTA's long-standing contract with the CRRC/CFANG America joint venture to update replacement escalation indices for option railcars, reset timing to reflect current production, allocate tax and duty…
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