Quote:
Originally Posted by powderjunkie
We've gone from a 4.5B estimate for the ENTIRE line (Seton to 160 Ave) including underground tunnel through downtown and to 16 Ave N. 46km, 28 stations.
Today we are looking at 5.5B+ for:
- 18-20km; 13-15 stations (depending on if they actually build across the Bow)
- Surface level north of downtown
- cut and cover through downtown with less total underground (more disruption)
- to essentially serve the least populated segments (ie. of the 46km line, we are initially building the 15km least populated - hence why the ROW is actually available and ready to go)
|
I suspect the same reasons for why the arena deal fell through for cost issues is the same as this situation. Covid and global supply chain has dramatically increased prices for labor and materials. Supply shortages have skyrocketed the cost of raw materials, equipment, technology, etc. and this will continue until the global supply chain returns to normal (if that is possible).
I wonder if postponement of certain section or features until costs come down is a viable thing or if putting the whole thing on hold will make it even more costly in the long run.