Welcome Guest!
In order to take advantage of all the great features that Waterloo Region Connected has to offer, including participating in the lively discussions below, you're going to have to register. The good news is that it'll take less than a minute and you can get started enjoying Waterloo Region's best online community right away.
or Create an Account




Thread Rating:
  • 2 Vote(s) - 4.5 Average
  • 1
  • 2
  • 3
  • 4
  • 5
ION Phase 2 - Cambridge's Light Rail Transit
(12-11-2020, 02:56 PM)ijmorlan Wrote:
(12-11-2020, 11:29 AM)danbrotherston Wrote: The ~880MM is the closest of those numbers to a billion.

I think the Grandlinq contract total value might be higher. But of course that is an arbitrary number which could have been made to come out arbitrarily high by going for a different number of years. 30 years of maintenance and operation turns out to be a lot of money.

I also forgot to mention gross expense or net of fare revenue, which because of integration with the bus system introduces a whole other set of complexities. Turns out buying transit systems isn’t like buying pens and pencils.

Yes, the Grandlinq total contract is higher, but AFAIK it's considerably more than 120 million over 1 billion...hence, 880MM is the closest number.

Try to tell that to some folks lol.
Reply
« Next Oldest | Next Newest »



Messages In This Thread
RE: ION Phase 2 - Cambridge's Light Rail Transit - by danbrotherston - 12-11-2020, 03:01 PM

Forum Jump:


Users browsing this thread: 2 Guest(s)

About Waterloo Region Connected

Launched in August 2014, Waterloo Region Connected is an online community that brings together all the things that make Waterloo Region great. Waterloo Region Connected provides user-driven content fueled by a lively discussion forum covering topics like urban development, transportation projects, heritage issues, businesses and other issues of interest to those in Kitchener, Waterloo, Cambridge and the four Townships - North Dumfries, Wellesley, Wilmot, and Woolwich.

              User Links