Federal funding for the $16-billion Hudson Tunnel Project will be exhausted within days unless payments resume, forcing contractors to begin shutting down work across New York, New Jersey and the Hudson River, the Gateway Development Commission said Jan. 27.
The commission warned that active construction will begin winding down immediately and could halt entirely by Feb. 6, placing one of the nation’s most critical rail megaprojects on pause just as it was preparing to move into full tunnel excavation.
“We have exhausted every available option to keep construction moving,” GDC CEO Thomas Prendergast said in a statement. “Without the federal funding that was promised and contractually committed, we will be forced to pause work on this project, at significant cost to taxpayers and workers.”
Federal Funding Freeze Threatens to Halt $16B Hudson Tunnel Project
Federal funding for the $16-billion Hudson Tunnel Project will be exhausted within days unless payments resume, forcing contractors to begin shutting down work across New York, New Jersey and the Hudson River, the Gateway Development Commission said Jan. 27.
The commission warned that active construction will begin winding down immediately and could halt entirely by Feb. 6, placing one of the nation’s most critical rail megaprojects on pause just as it was preparing to move into full tunnel excavation.
“We have exhausted every available option to keep construction moving,” GDC CEO Thomas Prendergast said in a statement. “Without the federal funding that was promised and contractually committed, we will be forced to pause work on this project, at significant cost to taxpayers and workers.”