In this paragraph, the following definitions apply: (i) Competitively contracted service The term competitively contracted service means fixed route bus transportation service purchased by a public transit agency or governmental unit from a private sector motor carrier of passengers or a private sector school bus passenger carrier based on a written contract. (ii) Vehicles operated in annual maximum service The term vehicles operated in annual maximum service means the number of transit vehicles operated to meet the annual maximum service requirement during the peak season of the year, on the week and day that maximum service is provided. . (2) Strategies to reduce or eliminate impediments to private sector participation in providing public transportation service (A) Study The Secretary shall conduct a study on— (i) private sector participation by private sector motor carriers of passengers and private school bus passenger carriers in providing public transportation service