The Fixed Guideway Capital Cost Study is an attempt to develop a capital cost data base of actual unit costs to construct and procure the various assets necessary to operate mass transit busway and rail systems. The report documents the initial effort at the overall objective by concentrating on the light rail mode of passenger rail systems. The term light rail refers more to the mode's relative simplicity and operational flexibility rather than actual vehicle weight or cost. With an overhead power supply source, light rail systems can operate in mixed traffic and various alignment configurations. Service can be operated in single or multi-unit trains of standards and articulated vehicle fleets that permit close service level design in line with passenger demand. Seven light rail systems that were developed over the past ten years, were the focus of the project. However, only five of the system operating agencies responded with pertinent capital cost information that formed the basis of the study.


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