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(04-09-2024, 04:10 PM)SF22 Wrote: Looking through the 2024 Preliminary Budget document, and there is a line item for 'Rolling Stock LRT Future Vehicles" with $70,000,000 earmarked for 2029-2033, so we can reasonably expect additional trains within 10 years.
Roughly how many train sets would $70M actually get us?
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04-10-2024, 02:08 PM
(This post was last modified: 04-10-2024, 02:17 PM by taylortbb.)
(04-10-2024, 01:37 PM)tomh009 Wrote: (04-09-2024, 04:10 PM)SF22 Wrote: Looking through the 2024 Preliminary Budget document, and there is a line item for 'Rolling Stock LRT Future Vehicles" with $70,000,000 earmarked for 2029-2033, so we can reasonably expect additional trains within 10 years.
Roughly how many train sets would $70M actually get us?
I believe the current vehicles were roughly $5M each, so that sounds like ~14 vehicles, or a doubling of the fleet. That doesn't account for inflation since the original order, but we did have options for 16 more, so we probably have some amount of price protection.
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(04-10-2024, 01:37 PM)tomh009 Wrote: (04-09-2024, 04:10 PM)SF22 Wrote: Looking through the 2024 Preliminary Budget document, and there is a line item for 'Rolling Stock LRT Future Vehicles" with $70,000,000 earmarked for 2029-2033, so we can reasonably expect additional trains within 10 years.
Roughly how many train sets would $70M actually get us?
According to Wikipedia, we paid $6.6M per train (I think in 2013). I wouldn't be surprised if it was like $10M per train at this point, and who knows how much in another 5+ years.
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04-10-2024, 02:16 PM
(This post was last modified: 04-10-2024, 02:17 PM by taylortbb.)
(04-10-2024, 02:10 PM)SF22 Wrote: (04-10-2024, 01:37 PM)tomh009 Wrote: Roughly how many train sets would $70M actually get us?
According to Wikipedia, we paid $6.6M per train (I think in 2013). I wouldn't be surprised if it was like $10M per train at this point, and who knows how much in another 5+ years.
The $6.6M per train is based on the total budget including tools and equipment, contingency, etc. I don't think we needed any contingency, as Bombardier was so late they ended up owing us a discount (and a free vehicle). I would also assume much of the tools/equipment doesn't scale linearly with a larger fleet. So the incremental cost of an additional vehicle is probably closer to the vehicle cost + spare part cost, which was $4.8M/vehicle.
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