Eglinton Crosstown LRT could be $330 million over budget and open seven months late, internal documents warn - News Summed Up

Eglinton Crosstown LRT could be $330 million over budget and open seven months late, internal documents warn


The Eglinton Crosstown LRT is at risk of opening at least seven months late and going over budget by more than $330 million, according to internal Metrolinx documents. While the cost estimate is Metrolinx’s, the delay projection is attributed to Crosslinx Transit Solutions, the consortium tapped by the provincial government to build the LRT. The Metrolinx documents, which are sections of reports the agency regularly produces to track the status of major transit projects, list several causes of potential delays to the Crosstown LRT. They said late delivery could jeopardize the LRT opening date and potentially expose Metrolinx to “significant” financial claims from Crosslinx. Metrolinx intends to use P3s to construct other major transit projects, including the proposed $28.5-billion expansion of the GTA’s network that includes the Ontario Line.


Source: thestar December 30, 2019 22:30 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */