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[quote]QUOTE: Originally posted by MichaelSol Well, I am not sure of the point of using 2004 dollars for a 1979 estimate, but 1996 dollars for a 1996 cost, but, adjusting for inflation, the PCE rebuild would have cost $51 million in 1979, Stampede Pass rebuild $64 million, in 1979 dollars. Recall this was an estimate to rebuild 1400 miles of mainline track with many tunnels and bridges, over five mountain ranges, to Class IV standards, compared to a single tunnel project, or, compare to the 440 mile Milwaukee Road mainline between Chicago and St. Paul at that time, estimated rebuild cost to Class IV standards of $115 million in 1979. The alleged deteriorated condition of the PCE of the Milwaukee Road was vastly overstated by the railfan community. The perception was not supported by the FRA or independent professional consulting engineers brought in to inspect the line and actually walked it, mile by mile, one of them twice .... Best regards, Michael Sol [/quote] I don't think we're talking about the same thing re: inflation or location, re: Stampede Pass versus PSE. Or maybe we are. Anyway, my point was that rehabbing the PSE would have been considerably less expensive compared with what BNSF paid to rehab Stampede Pass about 20 years later. As to the condition of the PSE extension (Puget Sound Extension is the correct terminology), the number of derailments and slow orders caused by deferred maintenance in the latter years of the PSE's existence speak for themselves. The right of way was in horrible condition, and was rarely if ever up to the same standards as BN in the 1970s.
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