January 29, 2020
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MTA Releases Schedule of $8.8 Billion in Committed Work to Begin Construction in 2020 From Prior Capital Plans |
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Subway Station Accessibility Projects and Metro-North to Penn Station Access Lead Dramatic Increase in Pace of MTA Construction Activity Coinciding with Start of Record 2020-2024 Capital Program
MTA Construction & Development Leveraging Construction Bundling to Deliver Major Projects Faster, Better and More Cost Effectively
View the New Schedule for MTA Planned Commitments Here (PDF) and Here (Excel)
The Metropolitan Transportation Authority (MTA) today released a schedule of ongoing construction projects from the 2010-14 and 2015-19 capital plans slated to begin in 2020 and 2021. The announcement underscores the pace at which MTA construction work is ramping up on these programs at the same time that work is commencing under the record $51.5 billion 2020-24 Capital Program. The schedule, which MTA Chief Development Officer Janno Lieber presented at the MTA Board meeting last week, was submitted to the legislature as MTA executives testified at a joint budget hearing of the New York Senate and Assembly yesterday.
“From day one my staff and I have been laser focused on getting projects scheduled, and delivering those projects better, faster and cheaper,” said MTA Chief Development Officer Janno Lieber. “We have a very aggressive schedule for 2020, and anticipate we will have committed more than 90% of funds from past capital programs by the end of this calendar year.”
The MTA anticipates committing $6.5 billion worth of prior plan capital program work in 2020 and $2.3 billion in 2021, which will effectively exhaust all resources from the 2010-14 and 2015-19 plans. These efforts will continue major priority efforts for the MTA, including signal modernization, new rolling stock and track repair work, increasing access and capacity at Penn Station, and key investments in ADA accessibility projects across the system
The full quarter-by-quarter schedule can be found here (PDF) and here (excel).
Major commitments scheduled for 2020 include:
2020 First Quarter: $964.3 million
2020 Second Quarter: $2,546.2 million
2020 Third Quarter: $1,670.5 million
2020 Fourth Quarter: $1,323.9 million
2021: $2,293.3 million
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