Mass Transit: Review of the South Boston Piers Transitway Finance Plan

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Correspondence issued by the General Accounting Office with an abstract that begins "This report focuses on GAO's review of the South Boston Piers Transitway Finance Plan. The Massachusetts Bay Transportation Authority (MBTA) is building a 1.5 mile underground transitway to connect its existing transit system with the South Boston Piers area, which is undergoing significant economic development. The project is experiencing cost increases and schedule delays, which have led to concerns over funding. GAO notes that although MBTA has shown that it has the financial capacity to complete the project, it has not yet clearly demonstrated to the Federal Transit ... continued below

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United States. General Accounting Office. November 9, 2000.

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Description

Correspondence issued by the General Accounting Office with an abstract that begins "This report focuses on GAO's review of the South Boston Piers Transitway Finance Plan. The Massachusetts Bay Transportation Authority (MBTA) is building a 1.5 mile underground transitway to connect its existing transit system with the South Boston Piers area, which is undergoing significant economic development. The project is experiencing cost increases and schedule delays, which have led to concerns over funding. GAO notes that although MBTA has shown that it has the financial capacity to complete the project, it has not yet clearly demonstrated to the Federal Transit Administration's financial management oversight contractor that funding the transitway project will not impair its ability to operate and maintain its overall transit system."

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Government Accountability Office Reports

The U.S. Government Accountability Office (GAO) is an independent, nonpartisan agency that works for the U.S. Congress investigating how the federal government spends taxpayers' money. Its goal is to increase accountability and improve the performance of the federal government. The Government Accountability Office Reports Collection consists of over 13,000 documents on a variety of topics ranging from fiscal issues to international affairs.

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  • November 9, 2000

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  • June 12, 2014, 7:50 p.m.

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United States. General Accounting Office. Mass Transit: Review of the South Boston Piers Transitway Finance Plan, text, November 9, 2000; Washington D.C.. (digital.library.unt.edu/ark:/67531/metadc298746/: accessed September 24, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.