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The Federal Way Link Extension is a planned Link light rail extension of the 1 Line that will travel 7.8 miles (12.6 km) south from Sea-Tac Airport to Federal Way, along the west side of Interstate 5. It was approved in 2008, but scaled back in 2010 to terminate at Kent Des Moines station.
Construction cost estimating software is computer software designed for contractors to estimate construction costs for a specific project. A cost estimator will typically use estimating software to estimate their bid price for a project, which will ultimately become part of a resulting construction contract. Some architects, engineers ...
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The project, once scheduled to open in 2024, will now open in 2025. Sound Transit’s Federal Way Link extension 63% complete but Tacoma connection slows Skip to main content
A July landslide on the Federal Way Link Extension might force the entire 7.8 mile long, $2.54 billion light rail project to push its opening date of late 2024 to sometime in 2025, Sound Transit ...
The Inspector General's report also estimated the cost of the project at $4.1 billion, meaning the cost of the project had increased by $2.5 billion in seven months. [37] The day after the Inspector General's report brought a suspension of the $75 million federal grant for the next year, Sound Transit learned that the $50 million grant from the ...
A cost estimate is the approximation of the cost of a program, project, or operation. The cost estimate is the product of the cost estimating process. The cost estimate has a single total value and may have identifiable component values. A problem with a cost overrun can be avoided with a credible, reliable, and accurate cost estimate. A cost ...
According to the PMBOK (7th edition) by the Project Management Institute (PMI), Fixed Price Economic Price Adjustment Contract (FPEPA) is a "fixed-price contract, but with a special provision allowing for predefined final adjustments to the contract price due to changed conditions, such as inflation changes, or cost increases (or decrease) for special commodities".