Rendell and U.S. Rep Bob Brady, D-Penn., late Friday announced the deal that will be voted on by the boards of the SEPTA transit system and the striking Transport Workers Saturday afternoon.
SEPTA workers struck four days ago, forcing Philly commuters who use the subway, buses and trolleys to find other ways to get around.
The Philadelphia Inquirer said the tentative five-year contract does not include any wage increases in the first year but offers union members 2.5-percent and 3 percent raises in subsequent years and a $1,250 bonus upon ratification. The deal also increases the members' pension contributions but gives the union more control over job selection.
"Given the economic tenor of the times, it's a very good contract," Rendell said.