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Re:Decoding the MetroCard, Part 2: Research and Past Attempts by mtalantikite on Monday July 18, 2016 @09:22PM (#12118958)
There's a $450 million RFP out for it:

http://www.theverge.com/2016/4/12/11416362/mta-nyc-fare-paym...

So, considering how gov software projects tend to go, it'll probably cost $1.5 billion and come out in the early 2020s.

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