Commuter Rail Extension Alternatives Analysis - Transportation ...

CALTRAIN EXTENSION TO MONTEREY COUNTY PASSENGER RAIL STATIONSALTERNATIVES ANALYSISCHAPTER 6: ESTIMATION OF CAPITAL, OPERATING ANDMAINTENANCE COSTS, AND REVENUECALTRAIN EXTENSION ALTERNATIVE CAPITAL COST ESTIMATESThe Caltrain Extension Alternative includes seven major transit improvement components:• Upgrading trackage and signal systems on the Union Pacific Railroad (UPRR) Coast main linebetween Gilroy and Salinas• Extending the Gilroy station track 0.9 miles and connecting to the Coast main line track• Constructing a Caltrain station at Pajaro/Watsonville• Constructing a Caltrain station at Castroville• Expanding the existing Salinas Intermodal Transportation Center (ITC) to accommodateCaltrain and intercity buses; providing additional parking; and upgrading the Amtrak platformto comply with Americans with Disabilities Act accessibility standards• Expanding the Salinas ITC to accommodate an expanded downtown Salinas transit center forMonterey-Salinas Transit (MST) local buses• Constructing a layover facility in Salinas for Caltrain trainsets.A description of this alternative and these investments is summarized in Chapter 3. A morethorough definition of the Caltrain Extension Alternative physical facilities, design basis andconceptual design drawings are provided in the Caltrain Extension to Monterey CountyProject Study Report, dated February 21, 2006, which is incorporated with this AlternativesAnalysis by reference.The estimated project cost of the Caltrain Extension Alternative, in FY 2007 dollars, is $102 million.This estimate includes an allowance for unallocated contingencies, but does not include escalationand is subject to change. Risk factors that may affect project costs include the cost of right-of-wayacquisition in Salinas; the costs of upgrading trackage and signal systems on the UPRR main linebetween Gilroy and Salinas; and the potential/eventual cost of accommodating diesel rail to electricrail cross platform transfers at the San Jose Diridon station. Table 6-1 lists the estimated project costsby component (location) and work type expressed in FY 2007 and year of expenditure (YOE) dollars.The cost indicated for the UPRR main line is an allowance and is subject to change.The estimated project cost, escalated to midpoint of right-of-way acquisition, design and constructionphase indirect (soft) costs, and construction is $109 million. This escalated cost assumes a threepercent per year increase in construction and other costs.These costs include an allowance of $8.8 million for the acquisition of rolling stock. This rolling stockis not required to accommodate peak passenger loads. The capital cost of this equipment is includedas a risk element for comparison with the Express Bus Alternative.parsons CHAPTER 6: ESTIMATION OF CAPITAL, OPERATING AND MAINTENANCE COSTS, AND REVENUE 145