Denver’s Regional Transportation District says it will need about $2.4 billion more than expected to build all components of the city’s FasTracks rail expansion. The agency, which released its 2010 FasTracks budget in January, puts the total at $6.6 billion, well beyond the $4.2 billion it can collect from taxes in the near future. RTD oversees bus and rail transit for the six-county Denver metro area. In 2004, the agency spearheaded an election in which voters approved $3.95 billion in new taxes for FasTracks. The program aims to build 122 miles of new commuter-rail and light-rail lines, 18 miles of
Despite a faltering international market, 2015 and the beginning of 2016 are proving to be strong years for U.S. contractors, with steady domestic growth and only moderate strain from workforce shortages.