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Huge N.J.-N.Y. Commuter Link Halted 30 Days for Cost Review

Publication Date: 9/15/2010
Author: Debra K. Rubin
Format: HTML

Description:
Responding to federal concerns about potential cost overruns that could impact promised project funding, officials in charge of the $8.7-billion Hudson River rail link between New Jersey and Manhattan have halted project procurement and land acquisition for 30 days as they review costs. Officials appear confident that costs for the Access to the Region’s Core (ARC) project are set to stay on track in the current competitive construction market.

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