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The Boston Globe

Metro

Proposed commuter rail contract to cost $325 million per year

State officials, preparing to announce their choice to operate the commuter rail system, revealed on Tuesday the price tag for the contract: $2.68 billion over eight years, with the possibility for two two-year extensions that could bring the total price to $4.3 billion.

That would make the base deal, the largest operating contract in state history, about $335 million per year, higher than the $214 million a year initially paid to the current operator, Massachusetts Bay Commuter Railroad Co., when it was first awarded the contract a decade ago.

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