Looks like a million dollar handout to some campaign contributing consulting outfit.
Good idea would be to read some railroad.net message boards.
Why the Raritan Valley Line's direct service to Penn Station was suspended; - PTC equipment shortages
Historical and expected ridership on the line;
Actions required to provide full-time, direct service to Penn Station; - Build two new tunnels under the Hudson to Penn Station
How long those actions would take; - decades
Estimated cost to provide the service; - billions
Factors that could delay or increase the cost of adding the service. - politics
We covered it all here (I'm not sure we covered ridership levels like they mandate but we have members who could get that info). We should put in for the job.