Caltrain Electrification Project Faces Budget Increase to $2.44 Billion Amid Ongoing Construction Milestones
SAN FRANCISCO, CALIFORNIA — The signature modernization initiative of the San Francisco Peninsula’s commuter rail system—the Caltrain Electrification Project—has encountered a significant financial recalibration. Project administrators announced that the total estimated cost for the transition from diesel to electric operations has climbed to $2.44 billion, representing a $462 million increase over the initial baseline estimate […]
Written by
