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Honolulu votes to help fund beleaguered $8B rail project

As it stands now, projected costs for the rail are $3 billion higher than original estimates, and the project is approximately nine months behind schedule. However, costs could escalate further if the authority has to make good on a $200 million damages-for-delays claim from the Ansaldo Honolulu Joint Venture, which has a $1.4 billion contract to build, install and maintain the system’s driverless cars. Members of the joint venture include Ansaldo STS, a Hitachi Group company; Hitachi Rail Italy; Johnson Controls; Mass.

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