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Committee approves amendment and six-month extension for CBS Outdoor transit-shelter contract; asks MTA for full RFP details
Summary
The committee approved a retroactive consent amendment and a six-month extension to the transit-shelter advertising contract with CBS Outdoor, asked the MTA for a full RFP and financial reporting on revenue-sharing and maintenance, and recorded a roll call on the extension (transcript contains inconsistent lines but chair declared the item passed).
The Budget & Finance Committee approved an amendment retroactively consenting to prior corporate assignments related to the city’s transit-shelter advertising contract and voted on a separate six-month extension to allow the Municipal Transportation Agency time to finish a comprehensive RFP for a successor contract.
Judson True of the MTA said Amendment 4 does three primary things: it extends the contract six months to December 2007 to allow time…
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