Rail

Audit finds Honolulu rail project could face more cost overruns

Posted on April 11, 2016

HONOLULU — A city audit found that the Honolulu Authority for Rapid Transportation’s (HART) rail project suffers from unreliable financial plans, with more cost overruns likely, Hawaii News Now reports.

City officials already predict that the $6.5 billion dollar rail project could run an additional $300 to $800 million over budget, however, the audit, which has not publicly released because it's in draft form, has found that HART’s financial plans are not reliable, project costs lack supporting documentation, additional overruns and shortfalls are likely, and there is no plan for operations and maintenance costs. The city is expected to release the audit April 15. For the full story, click here.

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

More News

FRA makes $73M available for rail capital projects, ops assistance

The grants are expected to leverage private, state, and local investments to boost a wide range of rail projects, including the potential for implementing PTC.

Stantec to lead $1.9 billion rail modernization project

The project will add a 9.8-mile third track and add critical capacity on Long Island Rail Road’s busiest corridor.

MTA workers spill 'secrets' of the NYC subway system

Train conductors answer questions about the safest place to sit in the railcar and whether a "sick person" is a euphemism for something else.

First Oklahoma City Streetcar delivered

Each streetcar can carry 104 passengers, and each stop will be served every 12 to 15 minutes.

Siemens, Atlanta Streetcar form techical, digital service partnership

Under the partnership, Siemens will provide technical support and materials for all preventative and corrective maintenance related to the streetcars.

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

Luxury Coach & Transportation

Please sign in or register to .    Close