Construction industry examining ways to improve subway-building costs
Retrieved on:
Wednesday, April 22, 2020
Maximizing the value created by such infrastructure investments, however, will be essential when governments are revenue constrained, says the Residential and Civil Construction Alliance of Ontario (RCCAO).
Key Points:
- Maximizing the value created by such infrastructure investments, however, will be essential when governments are revenue constrained, says the Residential and Civil Construction Alliance of Ontario (RCCAO).
- The Toronto-York-Spadina Subway Extension (TYSSE), which opened in 2017, cost nearly twice as much as any subway ever built in the GTA.
- As building more cost-effective projects is of even greater importance during these unprecedented times, Wickens examines ways in which total costs can be reined in.
- To improve the process, however, everyone needs access to better information to vigorously assess P3 effectiveness.