New HART Analyses Show Millions Of Dollars In Added Rail Costs

[TexasTowelie]

The projected costs to complete Honolulu’s 20-mile rail transit system have grown by about $70 million in the past four months, based on the local rail agency’s ongoing analyses of risks to the project.

In August, the Honolulu Authority for Rapid Transportation risk manager Paul Johnson told agency board members there was an 80% probability that rail construction costs would not exceed $8.14 billion.

This week, a HART spokesman confirmed that the agency’s 80% probability cost estimate has risen, now up to $8.21 billion.

The updated figure was not shared Thursday with HART’s Project Oversight Committee members, however.

Read more: https://www.civilbeat.org/2019/12/new-hart-analyses-show-millions-of-dollars-in-added-rail-costs/