CAPITAL COST ANALYSIS FOR URBAN TRANSIT PROJECTS

As a source of information and technical guidance, this study documents and analyzes transit capital costs in far greater detail than previous studies for several major urban transit projects through the use of case studies. The projects include the Chicago Southwest Rapid Transit Extension, St. Louis Metro Link Light Rail System, Miami Metromover Extension, Sacramento Light Rail Starter Line and the Los Angeles Metro Rail MOS-1. The mission was to explain the variance between actual costs and estimates made at and after the FEIS. While one project was relatively risk free and exhibited well behaved cost experience, the other projects had extensive cost growth in certain categories. Analysis suggests increased attention is required in planning, estimating and monitoring for right-of-way and real estate acquisition program, construction, construction management, administration and design/engineering. A series of specific observations and recommendations are made to provide guidance to those advancing transit capital projects including addressing project "soft costs" and establishing and managing a project contingency account.

  • Corporate Authors:

    EG & G Dynatrend

    24 New England Executive Park
    Burlington, MA  United States  01803

    Federal Transit Administration

    Office of Planning, 1200 New Jersey Avenue, SE
    Washington, DC  United States  20590
  • Authors:
    • Fleischman, A L
  • Publication Date: 1995-6

Language

  • English

Media Info

  • Features: Figures; Tables;
  • Pagination: 143 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00726152
  • Record Type: Publication
  • Source Agency: Federal Transit Administration
  • Report/Paper Numbers: FTA-MA-26-0002-95-3
  • Files: TRIS, USDOT
  • Created Date: Sep 4 1996 12:00AM