Green Line Expansion Beyond Lechmere

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Re: Green Line Expansion Beyond Lechmere

Postby BandA » Sat Nov 18, 2017 1:28 am

I'm *hoping* that the adults are watching the cookie jar on this project and will not allow cost overruns.
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Re: Green Line Expansion Beyond Lechmere

Postby deathtopumpkins » Tue Nov 21, 2017 10:05 am

Arlington wrote:I updated the above bid to $1,080m (from $955m) because the higher price is the one that the winning contractor bid to include all of the "additive options":


This is not quite correct. $955 million was their bid price. $1.08 billion was with contingencies added on.

The $955 million included the additive options, then the MBTA added on a $125 million contingency amount to protect against cost overruns and unexpected expenses. Fairly standard in construction.
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