4. Cost Proposal Throughout the United States, we enter into select partnerships in our focus areas to ensure

Regular Village Council Meeting · 2026-06-09 · agenda_item

The Village of Islamorada is reviewing a proposal for an on-demand electric vehicle ridesharing service. This service would operate seven days a week from 7 AM to 12 AM, utilizing a fleet of two electric ID.Buzz vehicles and one ADA-accessible van. The proposal includes specific service design recommendations and a cost breakdown for the Village. This item is currently under review by the Village Council. The project would involve the implementation of a new transit system, including vehicle acquisition, charging infrastructure, and operational management. Potential phases could include service planning, vehicle deployment, and ongoing operational support. Local contractors, trades, suppliers, and service providers in areas such as vehicle maintenance, electrical services, and operational support could find opportunities. Engaging early in the review process allows businesses to understand the project's scope and potential needs before bids and contracts are finalized.

fleet size

2 ID.Buzz vehicles

fleet size

1 ADA Van

hours of operation

17 hours

monthly driver hours

790 hours

monthly driver hours

1,297 hours

monthly operating cost

43,368 $

monthly operating cost

59,417 $

projected annual fare revenue

84,000 $

projected annual fare revenue

96,000 $

projected annual advertising revenue

48,000 $

vehicle wrap estimate

12,579 $

net annual cost

400,995 $

net annual cost

581,583 $

annual increase

3 %

base fare

2 $

tiered pricing fare

5 $

projected annual fare revenue

90,000 $

projected annual fare revenue

132,000 $