For Tuesday, August 19, 2014
POSTED: 01:30 a.m. HST, Aug 19, 2014
~~<p><strong>Lingle predicted rail cost overruns </strong></p>
Lingle predicted rail cost overruns
The bids to construct the Honolulu Authority for Rapid Transportation's first nine stations exceeded the budgeted amount by more than $100 million. Surprising? Hardly. If future bids exceed budget by a similar 50 percent amount, a system forecast to cost $5-plus billion will cost $7.5-plus billion. Login for more...