The Board meeting addressed several financial and operational matters. Key resolutions included the appointment of TA Realty Value-Add Fund XIV as an investment manager for the pension plan, the purchase of self-insured PPO dental insurance for TWU Local 234 employees from United Concordia Dental, and the awarding of a sealed bid contract to Unisys Corporation for cloud-based web hosting services. Additionally, the Board approved various sole source procurements for technical support, fuel system components, software licensing, and equipment repairs. Finally, the Board authorized contract amendments for paratransit services in Bucks County and for construction-related services on the 30th to K Overhead Contact System project.
Enterprise
Get verified public-sector contacts at scale
Find verified emails, direct dials, role context, job-change updates, and organization signals across every public-sector account you sell to.
The board meeting focused on financial and operational resolutions. Key agenda items included the appointment of an investment manager for the pension plan, authorization to enter into contracts for long-term disability insurance, and the renewal of property, bridge, and terrorism risk insurance policies. Additionally, the board approved contracts for compensation consulting services and pension actuarial services, and discussed items for consideration related to station leasing, licensing agreements for training operations, and revisions to delegations of authority for procurement activities.
The committee discussed the Transit Oriented Communities program, focusing on land use and zoning opportunities for transit-based development at several station locations. Discussions also covered the Accelerate vision for Philadelphia, which emphasizes cost control, clean and secure initiatives, and ongoing service expansions. The presentation on Reimagining Regional Rail outlined a five-year strategic plan, highlighting the need for infrastructure improvements, increased service frequency, and a network vision to double ridership. Additionally, the meeting addressed the Quality of Ride subcommittee's efforts regarding rider etiquette, enforcement, security patrols, and new technological initiatives.
Sep 1, 2026·Strategic plan
Septa Vision 2026
The 'Accelerate' document presents SEPTA's vision for a best-in-class transit system in the Greater Philadelphia region, aiming for generational modernization. The vision is built upon three strategic pillars: ensuring safer and cleaner transit, delivering more reliable service, and establishing fully accessible modern connections. It outlines investments to strengthen foundational services, modernize infrastructure and vehicles (including trolleys, Metro, and Regional Rail), and lead the region toward enhanced economic growth and quality of life by making public transit a competitive advantage.