There are many forms of public private partnerships, of which this is one. There is most certainly asset sharing (other than trains or tracks...) and financial risk to the private entity. The fare gates are Keolis's, for example, and there IS a revenue sharing system in place which did not exist in the previous two contracts. MBCR, for example, had a relatively small local player as the operating entity (Alternate Concepts, headed by former Secretary of Transportation Jim O'Leary) but required a much larger organization for financial backing (Veolia). In any event, this is nitpicking. The obvious point is that contracting out the service, regardless of how the contract is structured, is failing the Commonwealth. It made sense when we were paying the already operating railroad companies to not abandon their own service (with all their own assets, by the way), but now that the originals are gone it just employs a middleman through which funding can be easily misappropriated, as we see in the quoted article.
Removing the Commuter Rail from the T is an essential step, removing the private player from the Commuter Rail is another.
Moderator: Massachusetts Bay Transportation Authority, Brightline Trains
Avatar:3679A (since wrecked)/3623B (now in service as 3636B).