Projo Biz Blog

RIPTA lowers RIPTIK book price for Diocese

3:11 PM Thu, Jun 12, 2008 |
By Tim Barmann    Email this author |   Email this entry

The Rhode Island Public Transit Authority said this afternoon that it would charge the Roman Catholic Diocese of Providence $15 per RIPTIK book, not $17.50, as the two organizations announced on Wednesday.

The lower price means that the diocese will receive 1,166 RIPTIK books, each containing 10 rides, instead of 1,000 books. The total amount paid by the diocese is unchanged at $17,500.

On Wednesday, the diocese and RIPTA announced the purchase and a program to give the bus passes to those facing a financial crisis. The diocese was to begin giving out the bus pass books today.

RIPTA gave no reason for the lower price.

The Providence Journal reported yesterday that the $17.50 price paid by the diocese for each RIPTIK book was higher than the regular price of $15. RIPTA plans to increase the price of the RIPTIK books to $17.50 as of July 1.

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Comments

Limited time offer said:

In my business the sales guys jokingly refer to price bloat as a "church discount." Guess it's the same everywhere.




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