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Re: NJT Board considering large capital expenditure on new rolling stock, including DMs & EMUs, July 9th

Posted by trainsarefun on Fri Jul 4 12:19:58 2008, in response to Re: NJT Board considering large capital expenditure on new rolling stock, including DMs & EMUs, July 9th, posted by Terrapin Station on Fri Jul 4 10:24:25 2008.

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NJT didn't put a real price tag on the DP locomotives.

NJT is proposing to put a price ceiling on the DP locomotives and their R&D. If the contract shatters the price ceiling, then NJT will either abandon the effort - thus wasting the money expended up to that date - or else vote out more funding until a new price ceiling is shattered or success is achieved. Repeat until either the project is abandoned or successful.

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