There was a question last week about the recently approved budget for the Lowell Streetcar extension and why it appeared higher on a per-mile basis than prior extensions.
I wanted to have the detailed data before answering. While part of the reason is that all construction costs are up, this project actually contains $2.6M in street construction. So the actual Streetcar project is a little under $12M.
Construction Track Construction $3,425,618 Rail Procurement $554,530 Overhead Electrical System $3,422,845 Street Construction $2,622,502 Private Utilities $1,965,073 Construction Contingency 5% $364,432 Subtotal $12,355,000 Design, Management, City Staff Design/Project Management $1,183,500 City Staff $175,000 Other (PSI Expenses, Const. Office) $31,500 Subtotal $1,390,000 Other Misc. (NextBus Adjustments, Signs, etc.) $255,000 Reimbursement Agreement Obligations $425,000 Striping $25,000 Subtotal $705,000 TOTAL $14,450,000