SEPTA received its last Silverliner V railcar on Wednesday, completing the long-delayed delivery of 120 new cars purchased in 2006 for $274 million.
The total cost, including spare parts and associated training and management, is $330 million.
Officials of SEPTA and the South Korean train-builder Hyundai Rotem celebrated the completion of the last car in a ceremony Wednesday morning at the South Philadelphia factory where the cars were assembled.
The last railcar was nearly three years late, as production snags - including material delays, design flaws, labor-management disputes, and workmanship problems - put delivery far behind schedule.
Hyundai Rotem is liable for penalties of $200 for each day that each of the first 104 cars was late.