NoahB
Active Member
Even then, 12.2 billion sounds completely off. I recall the contract being 9.1 billion dollars.
$9.1B Crosstown LRT mega-contract comes in under estimates
The deal with Crosslinx includes 30 years of maintenance for the new transit line.www.thestar.com
I remember it being 9 billion too. But The Star was reporting based on the number in the document. So I wonder what changed.
Also, note that in the 2015 Star article it mentions the tunneling isn't included in the cost. So it could be that as well as inflation.
The agreement covers all aspects of the transit line except the tunneling, which is already well underway. The TTC is expected to operate the LRT.