image: flickr

Critics blame NYC’s scaffold law for rocketing insurance fees

August 2, 2018

While insurance costs have increased during the life of the project, there are other factors at play that would account for the $10 billion of extra costs the tunnel budget has accumulated since it was first discussed in the 1990s.

A New York Times investigation found that the tunnel’s $3.5 billion per track mile cost was seven times that of similar projects in other countries. The average price per track mile in Europe, for example, is $500,000.

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