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FTA Market Conditions Research: Recommendations for Improving Transit Industry Cost Estimation (Report 0130)

Document
fta-market-conditions-research-recommendations-improving-transit-industry-cost-estimation-fta.pdf (1.13 MB)

This report summarizes FTA’s efforts to indentify practical measures for avoiding cost growth issues. The objective of this study was to evaluate transit cost estimates vs. bid pricing across 1995–2015, which spans two significant periods of economic turmoil and a large range of project conditions.

Effective Date: Thursday, February 27, 2020
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