Caltrain Electrification Project Faces $2.44 Billion Price Tag Amid Scope Adjustments and Pandemic Pressures
SAN FRANCISCO — The transformation of the historic San Francisco Bay Area commuter rail line into a modern, electrified corridor has hit significant financial and scheduling milestones. Caltrain’s flagship modernization initiative—the Caltrain Electrification Project—has experienced a substantial budget escalation, pushing its total cost to $2.44 billion, up from its initial baseline projection of $1.98 billion. […]
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