Tuesday, April 10, 2012

GAO: NJ governor was less than truthful about ARC cancellation

From the New York Times:


The report by the Government Accountability Office, to be released this week, found that while Mr. Christie said that state transportation officials had revised cost estimates for the tunnel to at least $11 billion and potentially more than $14 billion, the range of estimates had in fact remained unchanged in the two years before he announced in 2010 that he was shutting down the project. And state transportation officials, the report says, had said the cost would be no more than $10 billion.
Mr. Christie also misstated New Jersey’s share of the costs: he said the state would pay 70 percent of the project; the report found that New Jersey was paying 14.4 percent. And while the governor said that an agreement with the federal government would require the state to pay all cost overruns, the report found that there was no final agreement, and that the federal government had made several offers to share those costs.
...
A spokesman for the governor, Michael Drewniak, said Mr. Christie’s statement of costs had included $775 million to build a new portal bridge, which was required as part of the project. The 70 percent state share, he said, included the costs that would have been paid for by the Port Authority of New York and New Jersey, which is run by both states, as well as federal highway and stimulus funds earmarked for New Jersey. Counting those costs, which the report does not do, would put the state’s share at 65.5 percent.


The GAO report itself.



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