Higher costs for Pershing Bikeway, Gaslamp Promenade add to the history of over-budget projects
Cyclists participate in the group ride for the grand opening of the Pershing Bikeway at Bird Park in San Diego, CA Saturday, July 27. In 2013, something remarkable happened that seemingly should be routine — a big public project was completed on time and under budget.
There was another important distinction. The project beat its $1 billion budget and opened for business in August of that year, as scheduled. Planning and project management had a lot to do with that. But perhaps nothing did more on the cost end than good timing with the bond market. • The Blue Line trolley extension was completed for nearly $2.2 billion, after an initial estimate of $1.24 billion.
What can be done? In some cases, not much. The aforementioned inflation and increased cost of construction can explode budgets.concluding costs can be kept down and delays lessened by proper vetting of municipal projects — and that nearly half of the city’s infrastructure projects aren’t adequately vetted.
The process of budgeting and securing funds is slow, which sometimes means the design professional who should be estimating the costs doesn’t. For infrastructure projects, that’s often done by the engineer “and engineers are notoriously not good at estimating costs,” according to Practical Engineering.
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