United States Department of Transportation
i
Surface Infrastructure: Cost, Financing and Schedules for Large-Dollar Transportation Projects
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1998-02-01
[PDF-784.71 KB]
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TRIS Online Accession Number:00761153
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OCLC Number:227865746
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Abstract:In fiscal year 1998, the federal government will distribute nearly $26 billion to states and localities for the construction and repair of the nation's surface transportation systems. To meet the nations' transportation needs, states and localities are planning or building several large-dollar projects to replace aging infrastructure or build new capacity. These large-dollar projects represent a substantial investment of federal, state, and local transportation funds. In addition, the private sector has begun to participate in the funding of important transportation projects. The General Accounting Office was asked to review eight projects that will play critical roles in the infrastructure networks of six urban areas in the United States. This report discusses the costs, financing, and schedules for completing these eight transportation projects: the Bay Area Rapid Transit System's extension to the San Francisco Airport, Los Angeles' Red Line subway, Pittsburgh's airport busway, St. Louis MetroLink's extension, Salt Lake City's South Light Rail Transit Line, Boston's Central Artery/Tunnel, Salt Lake City's I-15 reconstruction, and the Alameda Corridor (Los Angeles). In total, the eight projects are expected to cost about $23 billion.
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