High-speed rail price tag rises again | August 12, 2011 | Mountain View Voice | Mountain View Online |

Mountain View Voice

News - August 12, 2011

High-speed rail price tag rises again

by Gennady Sheyner

California's planned high-speed rail line could cost billions more than the state's initial projections indicated, according to newly released documents from the agency spearheading the project.

This story contains 580 words.

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Posted by Spaghetti Freddie, a resident of Old Mountain View
on Aug 11, 2011 at 2:50 pm

Is there a more corrupt government endeavour than high speed rail, at any level, anywhere? Why are there no consequences for being billions of dollars off in your cost estimation?

Posted by Steve, a resident of Jackson Park
on Aug 12, 2011 at 8:01 pm

Has there EVER been a government-related cost estimate that didn't go up? Ever? None I can think of.

The Space Shuttle, the Joint Strike Fighter (F-35), The Hubble Space Telescope, new aircraft carriers, new sky-scrapers, etc...virtually everything gets underbid. And the constant delays of years while they bicker drives costs up even more simply due to the constantly increasing cost of living.

Perhaps a law is required making estimators stick to their bids, and make up any extra costs themselves. You want to bet they won't be a little more accurate and not so generous in low-balling their estimates? I'll take that bet.

There's always a fix.

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