Miami-Dade County recommends Masabi for back office deal; if approved by board, debt-strapped Cubic would lose another contract as incumbent. A draft county memo says Masabi lowered its original bid price by 23% to help seal the deal, but the proposed contract price is only 3% lower. Meanwhile, a loss by Cubic would not help what appears to be a worsening debt situation for its parent company. Alexander Shapovalov Article highlights. Key Takeaway: Miami-Dade County has recommended that UK-based Masabi be awarded a key back-office contract. If approved by board members, it would represent an important loss for incumbent Cubic Transportation Systems. - Document: Draft memo from county describing award recommendation, Aug./Sept. 2026 - Document: Memo recommending Cubic for its original fare-system contract in Miami, May 2008. Organizations Mentioned: - Miami-Dade County - Masabi - Cubic - Miami-Dade Transit - Genfare - moovel - Indra - DTPW (Miami-Dade) - Scheidt & Bachmann - Fitch Ratings Miami-Dade County will recommend to board members that UK-based Masabi be awarded a more than $40 million contract mainly to implement and operate a new account-based ticketing back office, according to a draft memo obtained by Mobility Payments (download below). The recommendation is expected to go to a key board committee soon and then onto the full Board of County Commissioners. If approved, it would mean more bad news for Cubic Transportation Systems, a nearly 20-year incumbent in Miami. Article has about1709words. To keep reading, subscribe today Get access to premium content from the only global publication devoted exclusively to mobility payments by subscribing today to the most authoritative source for news and analysis in the industry.

Masabi wins Sourcewell contract, giving 50,000+ public agencies a fast-track route to modern fare collection. Masabi has been awarded a cooperative purchasing contract with Sourcewell under its "Transportation Services Payment Solutions" category. The agreement gives transit agencies a faster, simpler route to adopting modern fare payment systems by removing a lengthy direct procurement process and allowing them to fast-track innovation. Sourcewell conducts a rigorous, nationally competitive solicitation process on behalf of public agencies, evaluating and awarding cooperative purchasing contracts that satisfy public procurement requirements. Having been awarded a contract through that process, Masabi's Justride platform and many hardware options are now available for direct procurement by public agencies, municipalities, counties, tribal governments, and transit authorities across the US and Canada through the Sourcewell cooperative purchasing program. Justride is Masabi's open, enterprise-grade SaaS platform, covering the full spectrum of fare payments from Mobile Ticketing to Account-Based Ticketing (ABT) and Open Payments. Agencies can procure the complete platform or a standalone module and expand their solution over time as needs and budgets evolve, with a platform designed from the ground up to meet the needs of all riders, including the unbanked and underbanked. Through the Sourcewell Master Service Agreement, public organizations can move straight to procurement, as Sourcewell contracts satisfy competitive public solicitation requirements on behalf of member agencies, providing the procurement documentation and audit trail that public bodies need to move forward with confidence. Agencies benefit from pre-negotiated, highly competitive rates secured through Sourcewell's national buying power, ensuring maximum efficiency of public budgets. And, unlike single-state purchasing vehicles that often restrict out-of-state procurement, the Sourcewell contract is offered across the US and Canada, allowing agencies to adopt Justride without cross-border legal complications. "Public agencies want to deliver better journeys for their riders, but procurement can slow that ambition down," said Brian Zanghi, CEO at Masabi. "This contract removes that friction, giving agencies a fast, low-risk path to modern fare payments. We are delighted to partner with Sourcewell to put enterprise-grade fare technology within easy reach of communities of all sizes." Masabi powers fare payments for more than 300 transit agencies worldwide, with the Justride platform processing over $1 billion in fare transactions annually across networks ranging from small community operators to some of the largest and most complex systems. With this Sourcewell contract in place, more communities across the US and Canada can now access that same world-class fare technology on terms that match their scale, timeline, and budget. Find me on: