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Rail project faces huge cost overruns

By Marcel Honoré

POSTED: 01:30 a.m. HST, Aug 15, 2014

~~<p>New construction bids show the costs to build Honolulu's rail transit system are rising sharply -- and local transit leaders remain uncertain whether they'll ultimately be able to deliver the project on budget.</p>
<p>This week, rail officials opened three bids to build the transit system's first nine stations. Each of those bids exceeded the project's budget for that work by more than $100 million.</p>
~~

New construction bids show the costs to build Honolulu's rail transit system are rising sharply -- and local transit leaders remain uncertain whether they'll ultimately be able to deliver the project on budget.

This week, rail officials opened three bids to build the transit system's first nine stations. Each of those bids exceeded the project's budget for that work by more than $100 million. Login for more...



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