Tide LRT Vehicles Being Delivered

HRT has released their final “cost-to-completion” for the Tide light rail system currently under construction in Norfolk. The new final cost is $338,284,251. This is, of course, much higher than the $232 million that was originally promised. Despite claims that HRT’s new President and CEO Philip Shucet is responsible for the firming up of the new number, the consultant was actually hired for the job by Townes, who knew about the cost overruns but failed to live up to City Council’s standards. It actually would make sense to me that the numbers Townes was feeding council were the preliminary numbers from his consultant. The difference between Townes’s and Shucet’s communication is that Townes should have done what Shucet did: tell council to hold on for a couple weeks while the consultant finishes the estimate.

Regardless, I hope that the project can stick to these numbers until completion. Personally, if Shucet does a good job with costs, I think we should demote him to a position to simply control LRT construction. That way we can hire a President and CEO that actually knows how to operate a transit system.

http://www.ridethetide.com/about_the_tide/cost-to-complete.shtml