Federal Acquisition Regulation
A transit stop located beyond an intersection. It requires that transit units (vehicles or trains) cross the intersection before stopping to serve passengers. (TRB)
Financial Accounting and Reporting Elements.
1. The required payment for a ride on a public transportation vehicle. It may be paid by any acceptable means, for example, cash, token, ticket, transfer, farecard, voucher, or pass or user fee. 2. A passenger who pays a fare.…
Generic term for either fare evasion or theft of service.
The separation device between the station paid area and the free area in conjunction with the fare gates.
The amount of revenue generated through fares by paying customers as a fraction of the total Metro operating expenses.
A system at stations which includes all equipment, wiring, controls, enclosures and instructions to provide the means for collection of money from patrons.
A stored-value collection system for multi-modal transit operations.
The extent to which ridership responds to fare increases or decreases. (APTA)
