Breakdown of Costs
Virginia transit officials announced an agreement yesterday with a private group to design and build the first phase of a Metrorail extension between West Falls Church and Reston. The line would start just east of the West Falls Church Metro station and end at Wiehle Avenue in Reston. Here's how the estimated $2.4 billion to $2.7 billion first phase would be divided:
· $1.1 billion for construction, guideway (tracks), stations and a 2,100-foot tunnel through a section of Tysons Corner. (A separate tunnel proposed by a citizen and business group called for most of the Tysons Corner portion of the line to be underground).
· $500 million for subcontractors to complete specialized work, such as installing the power system and finishing the stations. The subcontractors are to be selected through competitive bidding.
· $800 million to $1.1 billion in agency costs such as project management, rail cars, start-up and testing.
· May-- Federal Transit Administration is to conduct a risk assessment, enabling officials to complete the total estimated project price for the first phase.
· Summer-- Federal officials are to consider allowing the project team to enter the final design stage.
· Winter (early 2008) -- Federal officials are to consider approving a full-funding agreement for the project's first phase. A full-funding agreement is the federal government's commitment to support a transit project over the course of several years.
· Spring2008 -- Construction to begin.
SOURCES: Dulles Corridor Metrorail Project, Federal Transit Administration