lakest101 wrote:F-line to Dudley via Park wrote:That's a lot of glass on the platform canopy for a $3M cumulative capital budget that does everything end-to-end without taking a cent of public money.
Now, about that Providence platform. . .
It IS kind of glassy. Union Local 666 window washer costs - annual 150K - HAHA.
Seriously though looking at stuff like this:
http://www.poligon.com/facSpecials.htm" onclick="window.open(this.href);return false;
They could do that platform no glass for 70K easy. Even the T was able to do Buzzards Bay station for under 200k. Even. The. T. LOL
This isn't the T. It's a private company with a $3M pot to spend before the "¡no public funding!" mystique is shattered. Every couple dozen $K in frills added to the total cost is something they have to rationalize. An operation this small with so many chores (acquiring rolling stock???) to settle up probably isn't going to be floating the cost of a full-high, multi-car platform with continuous canopy built to code. It probably can't afford to do any canopy. It probably has to rationalize whether a one-car mini-high can do the job well enough. There's nothing easy about a few grand in frills when $3M has to pay for everything lock, stock Worcester to Providence.
Providence again the P&W goes in there all the time with excursions I'm willing to bet it's an insurance issues not a fee for use issue.
No, it doesn't. Page 12 of
this PDF outlines what RIDOT's insurance coverage is for its cross-operating agreement with the MBTA to run trains on Amtrak's track. It's a $200M liability cap for any one incident, and $7.5M in self-insurance, no-fault with parties splitting payments as necessary. This is the liability RIDOT took on in its trackage rights agreement with Amtrak for use of Providence station and the NEC. RIDOT pays the insurance rates, and the parties named on Page 3 of this document detail how the T, its contracted operators, and its independent contractors (e.g. third-party construction workers and anyone not- MBTA or Keolis contracted to do work on their behalf) branches off of RIDOT's payments in the RIDOT-Amtrak agreement.
P&W has its own insurance rates paid to Amtrak in its freight trackage right agreement covering Central Falls, RI to New Haven, CT. Their one-off excursions--the few that actually do touch someone else's passenger track--are covered in their freight insurance package.
Boston Surface Railroad's proposed passenger service is not covered by anyone else's insurance. They can't hide behind P&W's and get into Providence Station. They have to get cut in as an official tenant carrier just like the T was cut into the RIDOT-Amtrak trackage rights agreement. If they just happen to hire P&W to be their train operator...still the same. Then P&W is in Keolis' position as a passenger operator covered under a BSR-Amtrak liability agreement at the standard rates. I am sure due to lower mileage (but not necessarily # of trains) overlap that their premiums will be less, but it's $200M/$7.5M per incident all the same. And a fresh agreement inked with Amtrak all the same. And note: they pay for coverage within 50 feet of operations with Amtrak, so they do not skirt the boundaries staying on the P&W-dispatched FRIP track and letting people off by the side of Harris Ave.
That may not be a crippling burden, but it's a not-negligible chunk of that magic $3M startup. And it would have to be paid out every year for new premiums.
Oh...and they have to take out railroad insurance on P&W-proper, too. Factor that in.
I'm googling hard but I swear Amtrak had a tariff for station use published.
I'm still betting a trial could be done for under 10mil. Maybe not 3... But under 10. Fantasy railroad website anyone? For our State to regulate when it starts making money?
Ok about to be on the boss' time so off I go.
$10M is more than three times $3M. If $3M was what BSR saw as its target for cost recovery without public subsidy, they've now missed that by a factor of two. That's not a small whiff. That's a gigantic miss that completely changes the value proposition of what the company is pitching.