Federal Way Link Extension Project Update 3/28/2019 Subhead - PowerPoint PPT Presentation

Jan 27, 2023 •390 likes •499 views

Federal Way Link Extension Project Update 3/28/2019 Subhead Bullet 2 3 4 5 6 Project Financials Sound Transit Baseline Budget: $2.451B FTA Required Additional Contingency (P65) $460M FFGA Project Budget: $3.161B Includes: 20

Federal Way Link Extension Project Update 3/28/2019
Subhead • Bullet 2
3
4
5
6
Project Financials Sound Transit Baseline Budget: $2.451B FTA Required Additional Contingency (P65) $460M FFGA Project Budget: $3.161B • Includes: 20 LRV’s, financing cost and additional contingency Federal Share – 25% of $3.161B = $790M 7
Top Risks • Federal Funding Uncertainty • 3 rd Party Approvals • Property Acquisition • Construction Market Conditions • Differing Site Conditions 8
Next Steps TBD: FTA Approves Engineering Q2 2019: Sound Transit submits FFGA Application Q2 2019: Board considers Design Build Contract Q3 2019: FTA and Sound Transit execute FFGA 2020 - Complete ROW Acquisition 2024 - Begin Revenue Service 9
Thank you. soundtransit.org

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