MBTA RFP for New Red and Orange Line Vehicles

After discussion initiated by Mayor Dan Bianchi, four leading Berkshire County Financial Institutions announced that they will pool  their resources to create a competitive financing package for prospective bidders for the MBTA New Red and Orange Vehicles Project as an incentive to locate their facility in the Berkshires.

The financial institutions participating in this initiative are Greylock Federal Credit Union, Berkshire Bank, Mountain One Bank, and Pittsfield Cooperative Bank.    This is one way the business community can provide a unified welcome to the companies bidding on the MBTA project," said Greylock President Marilyn Sperling ."Securing 200 or more jobs for this region would be a huge win for the entire community, and we want to do our part to make it happen." ”I appreciate the enthusiastic support shown by Berkshire Bank, Greylock Federal Credit Union, Pittsfield Cooperative and Mountain One Bank” said Mayor Bianchi, “The plan shows strong commitment to economic development in our region and the importance of the rail car project in particular” Mayor Bianchi said.

The Request for Proposals issued by the MBTA requires that final assembly of the rail vehicles occur in Massachusetts.   A number of rail car manufacturers have visited the Berkshires looking for potential sites.  The contract is worth an estimated $1 billion over a five year period and may employ  as many as 200 people.

Additional incentives totaling $2 million are being offered, thru the combined resources of  the Pittsfield Economic Development Authority and the City of Pittsfield, if a company chooses to locate their facility at the William Stanley Business Park in Pittsfield.

Identification of the assembly site is part of the bid package that must be submitted to the MBTA by May 15, 2014.