An LRTP amendment will be required for LRTP cost increases that exceed 50% of project cost and $50 million. When assessing project cost changes (including project costs documented in NEPA documents), the cost of the project includes the phases after the PD&E which, for purposes of this document, are Design/PE, ROW and Construction phases. [...]
Cost and Revenues
Author2016-09-23T15:09:47-04:002040 Cost and Revenues Planning-level cost estimates for the 2040 LRTP were developed for each mode, including roadway, bicycle, pedestrian, and transit using the 2015 LRE Costing Tool provided by FDOT District One. The cost assumptions and resulting cost estimates were used in the development of the 2040 LRTP Needs Plan and Cost Feasible Plan.