From the Los Angeles Times
California bullet train cost surges by $2.8 billion: 'Worst-case scenario has happened'
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California bullet train cost surges by $2.8 billion: 'Worst-case scenario has happened'
Fair use:
By RALPH VARTABEDIAN
The new estimate was presented Tuesday by Roy Hill, who leads the main consulting firm on the project, WSP (formerly Parson Brinckerhoff). Hill said the cost increases were mainly driven by problems including higher costs for land acquisition, issues in relocating utility systems, the need for safety barriers where the bullet trains would operate near freight lines and demands by stakeholders for the mitigation of myriad issues
"The worst-case scenario has happened," Hill bluntly told the rail authority's board at its regular monthly meeting.
~John Perkowski: Moderator: General Discussion: Locomotives, Rolling Stock, and Equipment
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