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News Wire: Hudson Tunnel project receives low federal rating, blocking funding eligibility

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Posted by alphas on Thursday, March 21, 2019 6:20 AM

[quote user="spsffan"]Humm. $13 billion for one tunnel makes the California HSR project seem like a bargain.

 

I doubt very much that $13B would be the final cost.    Based upon other greater NYC projects of this magnatude I suspect the total cost will be approaching $20B when all is said and done.    That's why I keep preaching that when the project is finally done its with the understanding that the Feds commit to a fixed $ amount as their share and the states have to pick up the rest including any additional costs above the $13B.   

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Posted by BaltACD on Wednesday, March 20, 2019 3:16 PM

spsffan
Humm. $13 billion for one tunnel makes the California HSR project seem like a bargain.

Remember the original tunnels were done with private capital.

Never too old to have a happy childhood!

              

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Posted by spsffan on Wednesday, March 20, 2019 2:54 PM
Humm. $13 billion for one tunnel makes the California HSR project seem like a bargain.
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Posted by BaltACD on Wednesday, March 20, 2019 9:34 AM

Politics!

Never too old to have a happy childhood!

              

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Posted by Brian Schmidt on Wednesday, March 20, 2019 8:35 AM

WASHINGTON — The proposal to build a new rail tunnel under the Hudson River has once again received a low rating from federal regulators that makes it ineligible for a key source of U.S. government funding, the Associated Press reports. The Fe...

http://trn.trains.com/news/news-wire/2019/03/18-hudson-tunnel-project-receives-low-federal-rating-blocking-funding-eligibility 

Brian Schmidt, Editor, Classic Trains magazine

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