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ION - Waterloo Region's Light Rail Transit
I was reading this article in The Record today about what the Region can do about Bombardier, and in there, I found this:

Quote:Q: Can the construction schedule for GrandLinq be altered to line up with anticipated train delivery?

A: No. GrandLinq is required by contract to have the light rail system substantially completed by July 1, 2017. On that date, the region must start making payments to GrandLinq for operations and maintenance.

If the trains aren't ready and GrandLinq completes construction on time, the region still has to pay but the government won't be receiving the revenue from fares it anticipated.

However, at this point GrandLinq is behind schedule, Galloway said, so that might eliminate the gap. It is too early to call though since the consortium has more than a year to make up time.

While parts of the project have taken longer than expected, I don't recall an admission of this sort before. From what I've heard recently, for the most part, things are still planned to be finished on time.

Also, if GrandLinq is done on time, how much does it cost the Region per day to pay for a system that isn't even running? And will it create more or less fuss than was caused by the green bin fiasco? :-)
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RE: ION - Waterloo Region's Light Rail Transit - by timc - 05-26-2016, 08:42 AM
[No subject] - by Spokes - 08-28-2014, 04:16 PM

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