MWAA: Silver Line Phase 2 Costs on Target
Project should come in around $2.7 billion, according to MWAA Preliminary Engineering study.
The Metropolitan Washington Airports Authority on Tuesday released the Preliminary Engineering cost estimate to Fairfax and Loudoun County officials for Phase 2 of the Dulles Rail Project to build 11.4 miles of rail through the Dulles Corridor to Dulles International Airport and Loudoun County.
“A year ago, the projected cost for Phase 2 of the Dulles Rail Project was $3.8 billion," said Jack Potter President and CEO of the Airports Authority. "Today, we have confirmed a project cost of $2.7 billion as a result of the elimination of the underground station at Dulles Airport, value engineering savings and the counties’ agreement to build the parking garage.
"This has been accomplished due to the hard work done in negotiations initiated by US Department of Transportation Secretary Ray LaHood with the MWAA Board of Directors, Loudoun County, Fairfax County, the Commonwealth of Virginia and the Washington Metropolitan Area Transit Authority," Potter said.
MWAA has predicted a savings of about $1 billion after changes were made.
A 90-day review period for Fairfax and Loudoun Counties begins now begins. It begins March 7 and ends June 4.
The Airports Authority will begin the procurement process for the design and construction of the 11.4-mile line, including the six stations, upon Fairfax and Loudoun Counties confirmation of their commitment to the project.
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