CONSTRUCTION: WHERE THE $ GO

The experience of the Metro in Washington, D.C. is used to illustrate how the cost of subway construction has risen in recent years, and what subway builders can expect in the next few years. The cost of completing Metro was estimated prior to the 1969 groundbreaking at $2.5 billion, or an average of $25 million a mile, completed and equipped. At this writing, Metro confronts a new estimate of $5.1 billion. The upward spiral of wages and prices at a time when a downward trend was forecast coupled with schedule delays is considered to have thrown the financial plan into disarray. Delay causes are listed and discussed. Comments are made on the Montreal system of contracting (differs from the fixed price system in the U.S.), and the Swedish approach where the contractor designs as well as constructs the tunnel, and there is total interchangeability of jobs among workers.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/oclc/1794668
• Corporate Authors:

  Carter (C Carroll)

  538 National Press Building
  Washington, DC  United States  20004
• Authors:
  • Eisen, J
• Publication Date: 1976-12

Media Info

• Features: Figures;
• Pagination: p. 6-11
• Serial:
  • Mass Transit
  • Volume: 3
  • Issue Number: 11
  • Publisher: Cygnus Publishing, Incorporated
  • ISSN: 0364-3484
  • Serial URL: http://www.masstransitmag.com

Subject/Index Terms

• TRT Terms: Construction; Contracting; Costs; Subways
• Uncontrolled Terms: Construction costs
• Old TRIS Terms: Subway construction
• Subject Areas: Administration and Management; Construction; Finance; Highways; Planning and Forecasting; Public Transportation;

Filing Info

• Accession Number: 00148870
• Record Type: Publication
• Files: TRIS
• Created Date: Jun 17 1981 12:00AM