Money-Saving Consultants Have Cost SEPTA $2.8 Million, Invoices Show

Looking for ways to save money, SEPTA has paid about $2.8 million to a Boston-based consulting firm, including payments of more than $500 an hour to some specialists.

In the process, FTI Consulting Inc. has used 24 of its staffers, some of whom have collected more from SEPTA than the transit agency’s highest-paid official, general manager Joseph Casey, who makes $273,000 a year.

The meter is still running, with additional payments expected to continue through the end of the year.

SEPTA hired FTI in February 2013 through a no-bid contract to help the transit agency reduce legal costs arising from injury claims.

Read more at http://www.philly.com/philly/business/transportation/20150423_Money-saving_consultants_have_cost_SEPTA__2_8_million__invoices_show.html#pWCMMI87sB0IAZoX.99