by amtrakowitz
Chafford1 wrote:It looks as if the Government is prepared to sanction a $5 billion loan if Xpresswest can come up with the rest of the money - apparently they're strugging to do so:Rest of what money? $5 billion by itself (the original cost estimate of Victorville to LV) means a funding level of $27 million per mile, which is more than reasonable cost for a 186-mph line. Why did things suddenly climb to $6.9 billion ($37.1 million per mile)? For the record, $6.9 billion would result in costs of $25 million per mile if the route being considered were from LA to LV.
Proposal for proposed $6.9 billion high-speed rail project hits snag – Las Vegas Review-Journal