New York Metropolitan Transportation Authority (MTA) will launch construction works for several ongoing projects part of the previous capital plans, while is commencing new projects under the USD 51.5 billion 2020-24 capital programme.
The works are expected to begin in 2020 and 2021.
The MTA anticipates committing USD 6.5 billion worth of prior plan capital programme work in 2020 and USD 2.3 billion in 2021, which will effectively exhaust all resources from the 2010-14 and 2015-19 plans.
The projects include signal modernisation, the purchase of new rolling stock, track repair, increasing access and capacity at Penn station and new investments for ADA accessibility projects across the system.
In Q1 2020, the authority continues USD 964 million investment, while for the second quarter of 2020, USD 2.54 billion will be allotted for the Penn Station project, ADA accessibility at four stations in the Bronx, infrastructure repairs in Brooklyn, new rolling stock, the new Elmont LIRR station. LIRR train cars and service locomotives and work hybrid locomotives for NYCT will also start.
USD 1.67 billion will be invested in the third quarter, while in the fourth quarter, USD 1.32 billion will be allotted to the selected projects.
As part of the USD 2.3 billion for 2021, MTA will start the civil works for new stations as part of the second phase of Second Avenue Subway project and the Metro-North Harlem Line third track project will enter planning process.
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