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- W658062743 abstract "For transit agencies around the country, containment of capital costs is an ongoing concern. Like other types of major capital investments, fixed guideway transit projects frequently encounter cost overruns. In addition, there are concerns that overall construction costs are growing faster than available resources, leading to increasingly difficult competition for funds. At the request of the Federal Transit Administration’s Office of Research, Demonstration and Innovation, the University Transportation Research Center conducted a short-term assessment of the factors driving capital costs in light rail transit. The purpose of this paper was to review the state of knowledge on this topic, and identify mitigation strategies and research needs. The paper found that while unit costs have shown no clear trend over the past decade, many individual agencies are experiencing unexpectedly high project costs, and could use assistance in both bringing these costs under control and in gaining tools to better anticipate ultimate project costs." @default.
- W658062743 created "2016-06-24" @default.
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- W658062743 date "2006-01-01" @default.
- W658062743 modified "2023-09-27" @default.
- W658062743 title "Management of Light Rail Project Costs" @default.
- W658062743 hasPublicationYear "2006" @default.
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