FINAL REPORT Commuter Rail Feasibility Study (Halifax Ref: RFP #P14‐047) Final Report Prepared for: Halifax Prepared by: CPCS In association with sub‐contractors: Dillon Consulting Limited Ekistics Planning & Design First Class Partnerships CPCS Ref: 14169 August 31, 2015 FINAL REPORT | Halifax Commuter Rail Feasibility Study Halifax Ref: RFP #P14‐047 Acknowledgements The CPCS team would like to thank all of those who provided information for the preparation of this report. We would also like to thank Halifax Transit and Halifax Regional Municipality for their support in the development of this report. Contact George Kaulbeck Project Manager CPCS
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[email protected] www.cpcs.ca August 31, 2015 CPCS Ref: 14169 Halifax Regional Municipality Re: Commuter Rail Feasibility Study To whom this may concern: CPCS Transcom Limited (CPCS)1 was retained last summer, pursuant to the above referenced Request for Proposal (RFP) process, to: Produce a comprehensive feasibility study that accurately reflects the costs of implementing and operating commuter rail in Halifax. Our analysis focused on three potential commuter rail operating concepts (Halifax‐Elmsdale, Halifax‐ Cobequid and Halifax‐Beaver Bank), each with a different terminus (i.e. end‐of‐line station). All concepts would primarily use the existing CN Bedford Subdivision rail corridor. Depending on the operating concept and related traffic scenarios, the estimated up front capital costs of the project ranges from $36 to $62 million; the annual net operating cost (i.e. operating cost minus incremental revenues) thereafter is estimated to be in the order of $8 million per year.