Re: LOSSAN panel
Author: tax payer
Date: 01-16-2021 - 22:44
Close to 100 million dollars for this civil engineering work. Does this estimate seem ball park for a project like this? I always get sticker shock when I see numbers this big.
LOSSAN panel identifies funding to stabilize railway in San Diego
The Los Angeles-San Diego-San Luis Obispo (LOSSAN) San Diego Regional Rail Corridor Working Group has identified the possible sources of the $98.7 million in estimated funding needed to stabilize the Del Mar Bluffs, which support a 1.7-mile section of vital passenger and freight railway in San Diego.
Under the funding plan:
$36.2 million would be provided by the California Transportation Commission’s Trade Corridor Enhancement Program;
$11.5 million would come from the Federal Railroad Administration;
$9.5 million would come from a North County Transit District’s (NCTD) local match;
$4.9 million would be provided by the California State Transportation Agency’s (CalSTA) Transit and Intercity Rail Capital Program; and
$3.1 million would be funded by the California Natural Resource Agency.