Common use of Quarterly Transit Performance Report Clause in Contracts

Quarterly Transit Performance Report. No later than 30 days after the end of each quarter, the Subrecipient shall submit a quarterly transit performance report to the State through the PTN-128 system. At a minimum, the quarterly transit performance report shall include the number of vehicles in operation (as of the final quarter); total unlinked passenger trips; total miles traveled; total expenses, including administrative and operating expenses; revenue, including fares and donations; operating expense per vehicle revenue mile; operating expense per unlinked passenger trip; and number of unlinked passenger trips per revenue mile traveled. These quarterly performance reports are necessary for the department to produce the Annual Texas Transit Statistics Report to the Governor and State Legislature, as required by law.