(a) The Administration shall prepare plans to meet the transit needs of the District and from time to time shall review and revise these plans.
(b) The plans shall specify:
(1) The transit facilities to be constructed or acquired, including the location of terminals, stations, and parking facilities;
(2) The character, nature, design, and location of the transit facilities;
(3) Whether the transit facilities are to be constructed or acquired by lease, purchase, or condemnation;
(4) A timetable for providing the transit facilities;
(5) Anticipated capital costs;
(6) Estimated operating expenses and revenues;
(7) The type of equipment to be used;
(8) The areas to be served and the routes and schedules of service expected to be provided;
(9) The expected fares and charges for service;
(10) The plan of financing the capital costs and operation of the transit facilities;
(11) When applicable, improvements in interjurisdictional commuter transit services including the location of corridors, routes, stations, and terminals;
(12) Improvements to fare payment systems that will:
(i) Allow for the processing of fare media in electronic form; and
(ii) Provide electronic fare media for distribution to employees as part of a commuter benefits program; and
(13) Any other information that the Administration considers relevant.
(c) A plan may provide for demonstration or testing facilities and for the use of the facilities for research and development.