Toronto transit projects

[Pheidippides]

However, I’m not too worried. Even if all the track was worthless, and the OCS in bad shape, re-creating all of that would cost a small fraction of what is being spent now. There would be no utility moves, no tree removal, no property acquisition, no road re-routing, and so on: just re-build the actual track structure itself, and replace the overhead.

Also, presumably if the consortium finds the DBFOM experience profitable enough for them they'll want to renew the contract and thus will have incentive to keep things in good shape right to the end of the 30 year contract. Both the maintenance (minor day to day things) and lifecycle (major capital refurbishment) costs are covered by the contract.