Rail

Honolulu's rail transit costs could rise by up to $700M

Posted on December 23, 2014

HONOLULU — Unless the Honolulu Authority for Rapid Transportation takes immediate action, the cost of its rail transit project could rise between $550 million to $700 million, Pacific Business News reported.

Dan Grabauskas, HART’s executive director/CEO blames higher construction costs, as well as the costs associated with legal delays and other factors, for the potential increase.

Among other measures, HART says that discussions should move forward on whether to extend the City and County of Honolulu's General Excise Tax surcharge, which is paying for 70% of the project. HART also is looking at an "improved borrowing plan" that would save up to $75 million, as well looking for alternative sources of revenue, including public-private partnerships. For the full story, click here.

View comments or post a comment on this story. (0 Comments)

More News

Md.'s Light RailLink re-opens 3 days ahead of schedule

The repair work involved cutting and removing sections of track, gravel, and soil; building a pipe; and excavating an area 40 feet wide and 16 feet deep.

Metrolink lands $6.5M grant for rail improvement program

The "SCORE" program is a $10 billion plan to improve regional rail by making service more reliable, consistent, and quieter in time for the 2028 Los Angeles Olympic Games.

L.A. Metro, railcar manufacturers discuss forging unique partnership

Among some of the ideas discussed were locating a full-scale facility where passenger railcars could be designed, manufactured, and tested.

Atiyeh joins HNTB’s national rail systems team

Former project manager on I-255 Light Rail Project in Denver brings technical expertise and leadership experience to California.

MTA, union launch 'all-out blitz' after rail conductor assault

Actions being taken by the agency and the union include, posting “wanted” flyers throughout the subway system.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation