WASHINGTON, DC—According to a new report by the Metropolitan Washington Council of Governments, the DC region's infrastructure needs will run approximately $58 billion over the next 15 years. Almost 28% of that cost will involve necessary repairs and improvements to the Metro system.
The COG report, which is to be presented to the full Metro board today, states that the transit system's short-term need is $16 billion. COG states that the $58 billion cost to cover transit, road, utility and public building improvements is a “conservative estimate,” according to the Washington Business Journal.
"The ability to expand and sustain the metropolitan Washington region is directly connected to the health and sustainability of the region's infrastructure," the report states. "This report highlights the need to bring infrastructure development, operations and maintenance needs to the forefront of governmental priorities."
The release of the report comes after an incident on Monday near the L'Enfant Plaza Metro station resulted in the death of one passenger and injuries to more than 80 others.
The COG report includes Metro's estimate of a need for $1 billion each year "just to maintain and replace assets on a regular life-cycle basis to continue the current level of service." See story in the Washington Business Journal.
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