Bombardier and Metrolinx announced that they have amended their Eglinton Crosstown LRV contract and settled their pending arbitration, showing how re-negotiation and compromise can preserve project schedule and quality, cement customer relationships and eliminate financial uncertainty.
Under the agreement, Bombardier’s LRV production is dramatically cut from 182 to 76 vehicles. However, Bombardier also secured an 18 month extension on its Metrolinx-owned GO Transit operations and maintenance contract. The amended contract "resets the relationship ... and brings ...
Humber College students and Toronto West residents will soon be able to access Canada’s largest subway system in five years. The CA$1 billion Finch West LRT project is slated to open in 2022. The new dedicated light rail transit line will run 11 kilometres along the surface of Finch Avenue from Humber College’s north campus to the new Finch West subway station on the Toronto-York Spadina Subway Extension that opened yesterday. There will be 16 surface stops and 2 below-grade termini at Humber College and the subway station. The Finch West LRT project includes a maintenance and ...
Financing for the Maryland Purple Line closed on Friday, June 17 – marking an important milestone for the Maryland Transit Administration’s (and Maryland Department of Transportation’s) plan to deliver a transit solution to ease travel between the Maryland suburbs and Washington, D.C.
Once the project reached commercial close in early April, the winning concessionaire, Purple Line Transit Partners LLC (PLTP), worked closely with the MTA/MDOT team to finalize the financing structure and various other issues. This culminated in a week of financial closings which allowed ...
Houston residents enjoyed free rides on Saturday, May 23, 2015 as part of the Metropolitan Transit Authority of Harris County (METRO’s) opening of the Green (East End) and Purple (Southeast) light rail lines. The two new lines are part of an approximately $1.22 Billion expansion of METRO’s existing light rail system which also includes a 5.3 mile extension to the Red (North) line that began service in December 2013. With the addition of the two new lines, Houston’s light rail transit system increases from 12.5 miles to 23 miles.
Since the opening of the Red Line extension, from the ...
On January 8, 2014, the Maryland Department of Transportation and the Maryland Transit Administration announced that four teams were short-listed to submit proposals to design, build, construct, finance, operate and maintain the Purple Line Project through a public-private partnership (P3). The estimated $2.2 billion Purple Line Project is 16.2 mile light rail transit line that extends from Bethesda in Montgomery County to New Carrollton in Prince George’s County, connecting major activity centers inside the Capital Beltway. The four teams, representing a combination of ...
Utah Transit Authority (UTA) brought online this week two new extensions of its well-regarded Salt Lake City TRAX light rail network. The first projects in UTA’s ambitious Frontlines 2015 program, UTA delivered the new West Valley and Mid-Jordan TRAX lines 20% under budget and a year early, boosted by funds the federal New Starts grant program and from a quarter-cent local sales tax increase.
The 5.1-mile West Valley extension ($370 million total cost) forms part of a new TRAX green line that will eventually run from downtown Salt Lake City to the Salt Lake City ...
On August 30 the Metro Gold Line Foothill Extension Construction Authority issued a Request for Proposals (RFP) to three teams vying for the Foothill Extension Phase 2A light rail alignment work. The design-build-finance project includes 11.5 miles of new track, a 25+ acre light rail maintenance facility, six stations in five cities, and multiple bridges along with the needed utilities and crossing systems. Phase 2A is anticipated to generate 7,000 jobs and $1 billion of economic output for the region during construction and will be the first Measure R rail project to break ground ...
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