After years of delays, the team of local transportation officials leading the buildout of the second phase extending Metro’s Silver Line now need $250 million more to cover cost overruns.
The Metropolitan Washington Airports Authority’s board of directors voted to fund $198.3 million of the requested budget on Wednesday afternoon.
The second phase of the project, which adds six new stations, a 90-acre rail yard and 64 more rail cars, was originally set at $2.778 billion, a figure that hadn’t changed since its start until the current requested boost to $3.028 billion, said MWAA board member Kate Hanley.
From the airports authority, $188 million will come from the Dulles Toll Road, though drivers won’t see toll road cost increases, said Andy Rountree, MWAA’s senior vice president for finance and CFO, during a Wednesday presentation. The rest, $10.3 million, will come from the airports authority’s aviation funds.
