Wasteful Local Infrastructure
Kevin Kosar flagged a news story yesterday about Washington’s terribly mismanaged transit agency. ABC7’s Sam Sweeney found:
Metro has spent $3.8 million and taken five years to build two unfinished bike racks—at East Falls Church and Vienna Metro Stations.
WMATA originally budgeted $600,000 for each rack, but the price tag has soared to $1.9 million each.
The covered bike shelters will house 92 bikes, putting the price tag at more than $20,000 per bike. Future costs to finish the projects could raise that number even higher.
The projects were supposed to be completed in December of 2015 but remain unfinished in 2020.
… In January 2020 signs at the fenced‐off construction site said the project would wrap up in late 2018. After ABC7 aired its story in January, the signs were removed.
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