Got a Tip?
tips at gothamist
About Gothamist

Gothamist is a website about New York. More

Editor: Jen Chung Publisher: Jake Dobkin

About Us & Advertising | Archives | Contact | Mobile | RSS | Staff

Favorites
Newsmap
Contribute

Latest tip:

Meeting on Crisis, Executives Say High Taxes Hinder City’s Economy <a href="http://www.n [more]

 

Latest link:

 

Latest Photo:

 

Subscribe
Use an RSS reader to stay up to date with the latest news and posts from Gothamist.

All Our RSS

September 23, 2005

The MTA Needs New Calculators

2005_09_mtahitech2.jpgIn shocking but not that shocking MTA news, it turns out that MTA's lofty plans to spend almost $600 million on security will actually cost $130 million more. And, therefore, the MTA needs to "rethink" its amibitious plans to make subways, buses, trains and everything else they control safer. State Comptroller Alan Hevesi said a task force would be created prevent overruns in the projects; oh, Comptroller Hevesi, you optimistic thing, you. The MTA is trying to figure how projects may be reprioritized, but goes the "how were we supposed to know" route because no one has really secured a subway system like New York's before and therefore doesn't know how much it'll cost. Look, it's easy: Take the highest bid, and then mark it up by 200%. That's how much it'll cost. But, sadly, the MTA wants "accurate" estimates. Well, riders would love accurate forecasts of when trains are coming!

The MTA unveiled part of its hi-tech plans a month ago.

0

Email This Entry







Advertisement: Gothamist Continues Below!

Comments (1)

maybe their problem is that they just hire "some guy" to give them estimates.

 
Post a comment (Comment Policy)

2003-2008 Gothamist LLC. All rights reserved. Terms of Use & Privacy Policy. We use MovableType.

Site Meter