Amtrak Ups Contribution to Gateway Project

In hopes of moving forward the stalled Gateway tunnel project in New York and New Jersey, Amtrak has increased its funding commitment by $600 million.

At the same time, officials have said the cost of the project has fallen by $1.4 billion to $11.3 billion compared with prior cost estimates.

The Gateway Program Development Corporation incorporated those revised numbers plus Amtrak’s additional funding commitment in a new application for federal funding from the Federal Transit Administration.

The Gateway project is now seeking $5.4 billion, less than half of the project and $1.4 billion less than 2018 funding request.

Aside from Amtrak, the Gateway agency is also partnering on the project with the Port Authority of New York and New Jersey.

Frank Sacr, interim executive director of the Gateway agency,  said the hope is that the revised plan “will be attractive to the local partners and we believe also to the federal partners, and to the market.”

Construction costs were reduced by reorganizing the project into a smaller number of large packages for construction.

The proposed new tunnel under the Hudson River is located on Amtrak’s Northeast Corridor.

It has been stalled by the Trump administration blocking a deal negotiated during the Obama administration with the U.S. Department of Transportation.

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