Purchases - USA - CDTA board approves funds for 16 new buses
Albany,NY,USA -Albany Business Review, by Eric Durr -March 30, 2006: -- The Capital District Transportation Authority Board approved a $61.5 million 2006-2007 operating budget Wednesday during it's regular monthly meeting... The spending plan includes a capital outlay of $11.2 million, most of which will go to fund the acquisition of 16 new buses as part of CDTA's new fleet renewal strategy. The plan also calls for buying six hybrid buses, which are expected to be purchased with state transportation bond act money... The new plan calls for replacing a few buses every year, resulting in more regular expenditures on maintenance and new buses. The goal, Basile explained, is to replace about 10 percent of the fleet annually over the next ten years...
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