Colorado Musings

Thoughts and news about issues affecting Colorado.

Monday, June 18, 2007

Private Operators Reduce Costs By Over 10%


If having private companies do this saves this much money, why don't we do it more often?

FasTracks is now priced at nearly $6.2 billion, largely because of the rising cost of construction materials and additions to the project. RTD anticipates collecting $5.5 billion from the FasTracks sales tax, grants, loans and other sources. Managers say the best way to reduce the $670 million gap is to seek out private firms to take over some or all of the work on at least four of the rail corridors.
Allen at 7:54 PM

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