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Keyword: costoverruns

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  • Audit Finds Poor Planning Cost NY Millions in Overruns at Highway Rest Areas

    08/01/2019 3:25:28 PM PDT · by Tolerance Sucks Rocks · 12 replies
    The Jewish Voice ^ | July 10, 2019 | The Jewish Voice
    Inadequate planning cost taxpayers over $12 million in overruns at I LOVE NY highway rest areas, as per an audit from the office of Comptroller Thomas DiNapoli. The recently released audit revealed that the state Department of Transportation did a poor job of planning and following up in its construction of rest areas with a tourism focus in each of NYS’s 10 regions. The state’s plan, as touted by Governor Andrew Cuomo, was to build at least 10 Welcome Centers, carrying New York-made products, as a way to advertise the state’s tourism attractions in each of its regions. As reported...
  • Seattle tunnel construction avoided costly mistakes of Boston's Big Dig

    02/24/2019 1:15:04 PM PST · by Tolerance Sucks Rocks · 45 replies
    King 5 News ^ | January 17, 2019 | Amanda Grace
    Seattle and Boston have a lot in common: they are both cities on the water, homes to higher learning institutions and hubs for tech companies. They are connected by Interstate 90 and memories of a Superbowl both cities can’t forget. Now Seattle and Boston are both home to big tunnels that run under the downtown core. Seattle’s tunnel will now face a new challenge: avoiding the problems that plagued Boston’s Big Dig long after it opened. The Big Dig Backstory The Big Dig began as a project to replace the Central Artery, an elevated 6-lane highway that was structurally unsound...
  • Interstate 4 builder's claim: 8-month delay and $100 million over budget

    02/08/2019 9:03:23 PM PST · by Tolerance Sucks Rocks · 7 replies
    The Orlando Sentinel ^ | July 12, 2018 | Kevin Spear
    Interstate 4’s overhaul will run eight months beyond a scheduled finish in early 2021 and $100 million over a $2.3 billion budget, according to a recent claim by the builder. Neither the builder, I-4 Mobility Partners, nor the state Department of Transportation previously had publicly disclosed a potential change in schedule or budget. Details first emerged from Moody’s Investors Service, with reports on I-4 Mobility’s financial footing. The state Department of Transportation issued a statement on Thursday, emphasizing that the I-4 Mobility Partners claim remains undetermined. “While the claim is being reviewed, construction activities are continuing and the contractor is...
  • Cost of I-15, Bangerter Highway projects rises by $38 million

    12/26/2018 1:02:57 PM PST · by Tolerance Sucks Rocks · 9 replies
    The Salt Lake Tribune ^ | December 15, 2018 | Lee Davidson
    The Utah Transportation Commission on Friday approved spending an extra $38 million to cover rising costs for two major upcoming highway projects — on Interstate 15 and Bangerter Highway in Salt Lake County. The increased expenses are caused in part by rising prices to buy and demolish homes and businesses to clear new rights of way. That includes an extra $23 million for a project to convert three more intersections on Bangerter Highway into freeway-like interchanges at 6200 South, 10400 South and 12600 South. Construction on those projects is scheduled to begin in 2020, but purchasing the needed rights of...
  • Audit finds huge cost overruns at Wisconsin DOT, some road project costs triple

    02/19/2017 9:58:17 PM PST · by Tolerance Sucks Rocks · 17 replies
    FOX 6 Now ^ | January 26, 2017 | Theo Keith
    <p>MADISON -- A new audit shows huge cost overruns at the Wisconsin Department of Transportation, with dozens of projects costing double or triple their original estimates.</p> <p>The Legislative Audit Bureau report finds that estimated costs for 19 major projects completed between 2006 and 2016 were $1.5 billion, double the initial projection. The audit also finds that the estimated costs of 16 ongoing major highway projects have increased by $3.1 billion.</p>
  • WHAT?!? NJ spending $27.3M per mile rebuilding Jersey Shore’s Route 35

    05/08/2016 7:03:44 AM PDT · by Olog-hai · 46 replies
    WKXW, New Jersey 101.5, Trenton ^ | May 7, 2016 8:17 PM | Sergio Bichao
    The reconstruction of Sandy-battered Route 35 is soaking New Jersey taxpayers with tens of millions of dollars in cost overruns, an Asbury Park Press investigation reveals. The newspaper found that the project, announced by Gov. Chris Christie in 2013, is already $76 million over budget and a year behind schedule. The potential final cost of $341 million means that the 12.5-mile road construction in Ocean County will cost a jaw-dropping $27.3 million per mile — making it one of the most expensive road projects in the state. The Asbury Park Press, which called the project a “boondoggle,” found that the...
  • High-speed rail absurdities just keep rolling along

    04/03/2012 3:41:28 PM PDT · by landsbaum · 27 replies
    There is so much wrong with the California High-Speed Rail project, it’s getting difficult to stay up to date as new absurdities are revealed almost daily. . . . But Katy Grimes raises an aspect pretty much overlooked, although we and others have mentioned aspects of this aspect previously. . .
  • Marines Attempt to Define Future Amid Budget Cuts

    02/13/2011 3:16:51 AM PST · by Scanian · 23 replies
    Fox News ^ | February 13, 2011 | AP
    CAMP PENDLETON, Calif. -- A faster, high-tech seafaring tank for U.S. Marines has hit countless setbacks and cost overruns during the past two decades, and now it is one of the pricier items on the Defense Department's budget-cutting list. Even the Marine Corps' top brass agrees the estimated $12 billion program has to go. But that doesn't mean the debate is over. A group of Republican lawmakers is questioning the Marine Corps leadership's sudden change of heart over the Expeditionary Fighting Vehicle. Generals have long said the amphibious tank under development had come to symbolize the force's very identity and...
  • Pentagon confirms cost of Lockheed Martin's F-35 up by 60-90 per cent

    03/13/2010 6:30:07 AM PST · by myknowledge · 23 replies · 675+ views
    Domain-B ^ | March 12, 2010
    Inspite of strenuous efforts by the world's largest defence contractor, Lockheed Martin, to contradict reports that the Joint Strike Fighter programme was heading for substantial cost and time overruns, it has now been confirmed in Pentagon testimony before the US Congress's Senate Armed Services Committee that the cost of the programme has increased 60 to 90 per cent in real terms since 2001. Even as the Pentagon steps into overdrive trying to reassure stakeholders, which are three armed services of the United States and eight partner nations that it will take all required steps to deal with the problems, Congressional...
  • And They Want to Be Our Health Care Providers

    10/28/2009 9:16:42 AM PDT · by timesthattrymenssouls · 3 replies · 317+ views
    Constitutional Guardian ^ | 10/28/2009 | Nancy Tengler
    And They Want to Be Our Health Care Providers http://www.wiseandfrugalgovernment.blogspot.com In 2002, Caltrans (California Department of Transportation ) began the construction of a new eastern span of the Bay Bridge. The estimated cost was $1.3 billion dollars. The plan? To rebuild rather than retrofit the span after the Loma Prieta earthquake in 1989 caused a section of the bridge to collapse. After a series of delays and cost overruns the bridge is now expected to be complete in 2013 at a total cost to taxpayers of $6.3 billion. Just $5 billion or 384% over budget. That was before the break...
  • Hegar: To gain my support, Delisi must prove me wrong

    05/06/2008 5:35:36 AM PDT · by Tolerance Sucks Rocks · 19 replies · 342+ views
    The Austin American-Statesman ^ | May 6, 2008 | Glenn Hegar
    On Wednesday, Texas Gov. Rick Perry announced he had appointed Deirdre Delisi, his former chief of staff, chairwoman of the Texas Transportation Commission, which oversees the Texas Department of Transportation. As of today, I will not vote to confirm her appointment in the next legislative session. Ask almost any Texan, especially those who have the need to travel frequently on Interstate 35, about our Texas transportation system and they will tell you that many of our roads have extreme congestion, while other construction projects have experienced significant cost overruns. Last year, TxDOT notified the public that it had experienced a...
  • Massachusetts Faces a Test on Health Care

    11/25/2007 7:07:26 PM PST · by neverdem · 31 replies · 111+ views
    NY Times ^ | November 25, 2007 | KEVIN SACK
    BOSTON, Nov. 20 — As the Democratic presidential candidates debate whether Americans should be forced to obtain health insurance, the people of Massachusetts are living the dilemma in real time. A year after Massachusetts became the only state to require that individuals have health coverage, residents face deadlines to sign up or lose their personal tax exemption, worth $219 on next year’s state income tax returns. More than 200,000 previously uninsured residents have enrolled, but state officials estimate that at least that number, and perhaps twice as many, have not. Those managing the enrollment effort say it has exceeded expectations....
  • Three more loose bolts found in Big Dig tunnel, prompting another closure

    07/25/2006 9:02:49 AM PDT · by george76 · 44 replies · 1,029+ views
    (AP)...KOTV 6 ^ | 7/25/2006 | (AP)
    Traffic was disrupted once again in a key Big Dig tunnel after inspectors found loose bolts in a ceiling panel the same sort of problem that is believed to have killed a motorist earlier this month. The $14.6 billion Big Dig project, the most expensive in U.S. history, buried much of the city's highway network in tunnels. It took over a decade to complete and has since been plagued by leaks, falling debris, cost overruns, delays and problems linked to faulty construction.
  • Carquinez Bridge demolition costs soar (SF Bay Area)

    12/09/2004 10:56:04 PM PST · by Simmy2.5 · 18 replies · 781+ views
    SF Gate/San Francisco Chronicle ^ | Thursday, December 9, 2004 | Michael Cabanatuan, Chronicle Staff Writer
    Demolition of the old Carquinez Bridge will cost more than three times as much as the state estimated, the latest example of a huge Caltrans cost overrun on a Bay Area bridge project. A committee of the Bay Area Toll Authority reluctantly agreed Wednesday to allot $49.7 million for the demolition and removal of the original span of the bridge, a job that state engineers had said would cost $16 million. The 1927-vintage span, considered too fragile for seismic strengthening, was replaced in November 2003 by the Al Zampa Bridge.
  • PUERTO RICO: Negotiations continue over Urban Train

    09/14/2002 4:12:20 PM PDT · by 4Freedom · 308+ views
    The San Juan Star | Thursday, September 12, 2002 | BY J.A. DEL ROSARIO
    Urban Train-related negotiations between Siemens Transportation Partnership and the Highway Authority have stretched out for a second day. Representatives from both parties have been meeting since Tuesday in the Urban Train's offices in Hato Rey to settle on how much money the government will pay the German company to have the first phase of the train fully operational by September 2003. The government is hoping that a 2003 completion date will help it secure $400 million in federal funds to add new routes to the electric train system. A source close to Siemens said both parties have agreed on $70...
  • AIR FORCE, ARMY CHASTISED FOR PRINCELY SPENDING

    05/29/2002 11:33:45 PM PDT · by goody2shooz · 1 replies · 310+ views
    NewsMax.com ^ | 5/29/02 | LISA HOFFMAN, Scripps Howard News Service
    WASHINGTON - A $24,000 sofa and armchair; an $1,800 pillow; and $45,800 in silver and china - such accoutrements would cause little surprise if found in the abodes of the wealthy and well-known. But government auditors discovered these pricey items - and many more - not in a mansion but at Air Force and Army bases in Saudi Arabia, the rest of the Persian Gulf, Europe and the Balkans. In a just-released report, the General Accounting Office informed Congress that its auditors found a number of "seemingly unneeded expenditures" made by the Air Force and Army in 2000 and 2001....