The commission shall contract with, and manage, a third-party consultant to conduct one or both phases of the financial efficiency review. The third-party consultant shall conduct the review in consultation with the subject operators and an oversight committee established by the commission that consists of all the following members: (a) The chair of the commission, if the chair is from the geographic jurisdiction of the district, or another member of the commission designated by the chair that is from the geographic jurisdiction of the district. (b) The board chair or president, or another member of the board designated by the chair or president, of each subject operator. (c) Four independent experts appointed by the commission with expertise in public transit operations and finance. (d) One representative from the Transportation Agency and one representative the Department of Finance as ex officio, nonvoting members.
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