Submitted by Dryheavemorning t3_zqcrtl in philadelphia
beeps-n-boops t1_j0z83tz wrote
Reply to comment by MShoeSlur in $56M contract approved to design proposed Camden-Gloucester light rail line by Dryheavemorning
Bear in mind that the $56 million quoted is NOT the construction cost. Just the design / engineering cost.
nothankyoutwo t1_j0zu6x6 wrote
Yep. And design is usually a small percentage of actual construction. E.g. on a lot of federal contracts for construction, design price cannot exceed 6% of the total construction price. So ballpark, a $56M design roughly works out to a little south of $1B for construction.
rovinchick t1_j10he22 wrote
Which is still half the price of SEPTA's KOP rail project. 🤦
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