Commonwealth Magazine | By Bruce Mohl | Oct 17, 2016

THE UNION REPRESENTING EMPLOYEES in the MBTA’s cash collection and counting operation said on Monday that privatization of the work will yield savings of $330,000 in the first year, not the $5.4 million claimed by T officials.

Patrick Hogan of the Boston Carmen’s Union told the MBTA’s Fiscal Management and Control Board that an analysis based on the limited available public information suggests the true cost of outsourcing the work to Brink’s Inc. will be higher than the T is forecasting and the actual cost of retaining the existing money room operation is much lower than claimed.

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