Related

MTA Applies Lessons
from Costly First Phase of Second Avenue Subway

The Transportation and Land Use program, working with the Eno Center for Transportation, has released, Analysis of the Federal Transit Administration’s Capital Cost Database, which analyzes 65 bus-rapid-transit, commuter-rail, light-rail, heavy-rail, and trolley projects and highlights the database’s uses, potential, and limitations. Director of Transportation and Land Use, Eric Goldwyn, notes:
“We spend billions of public dollars on these projects. There should be good, unambiguous accounting so that we can compare and learn from past projects. The FTA Capital Cost Database is an attempt at this. It isn’t perfect, but it is a tool that can help project sponsors baseline projects and understand which components drive costs.”
An additional set of interactive graphs is included in the analysis, and the research was profiled in Railway Age.
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