https://metro.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2860970&GUID=49EEB15C-2D3A-4D90-9BD6-72176DE88929Legistar15https://metro.legistar.com/Gateway.aspx?M=LD&From=RSS&ID=2860970&GUID=49EEB15C-2D3A-4D90-9BD6-72176DE8892949EEB15C-2D3A-4D90-9BD6-72176DE88929-2025-06-09-05-08-29Title: APPROVE: A. EXTENDING the Downtown Los Angeles Pilot for a period of 5 years. B. AUTHORIZING the Chief Executive Officer (CEO) to exercise options and execute Modification No. 4 to Contract No. PS272680011357 with Bicycle Transit Systems, Inc. to account for an accelerated schedule for the implementation and operation of the Metro Countywide Bike Share expansion in Downtown Los Angeles for an additional 5 years and in Venice, Pasadena, and the Port of Los Angeles for 6 years in the firm fixed amount of $42,618,583, increasing the total contract value from $11,174,329 to $53,792,912 as follows: 1. Extending Downtown Los Angeles Pilot in the amount of $19,658,911 2. Expansion to Venice in the amount of $5,069,606 3. Expansion to Pasadena in the amount of $12,908,510 (inclusive of an initial two-year pilot for $4,731,689 plus options for four additional years) 4. Expansion to the Port of Los Angeles in the amount of $4,907,529 5. Implementing GPS equipment in bicycles to support Countywide modeling efforts in the amount of $74,027 C. AUTHORIZING the Life of Project budMon, 09 Jun 2025 05:08:29 GMT