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Estimates Say It Will Price $25 Billion To Repair Every thing
MBTA officers put an eye-poppingly excessive new value on infrastructure wants throughout the system Thursday, estimating that it will value practically $25 billion to repair every little thing that isn’t in a state of excellent restore.
The T rolled out its first new capital wants evaluation since 2019, when officers underneath the Baker administration projected a roughly $10 billion value to exchange all outdated MBTA infrastructure with trendy alternate options.
The brand new estimate is almost two and a half instances dearer than the final capital wants evaluation, which officers stated is pushed by a mixture of things together with stinging development inflation and MBTA belongings getting old quicker than they’re being changed.
Officers additionally up to date their methodology this time round. Because of adjustments to the T’s asset administration methods, the newest examine counted 83,683 particular person belongings to provide its value estimate, in comparison with 59,073 belongings in 2019.
MBTA Common Supervisor Phil Eng plans to debate the brand new evaluation at a board assembly Thursday, sooner or later after Transportation Secretary Monica Tibbits-Nutt described the necessity for a “onerous, onerous dialogue” about financing the transit company.
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