The 2nd Avenue Subway Construction Public Hearing

This is a report by the New York State Senate Committee on Corporations, Authorities, and Commissions chaired by Senator Bill Perkins. It is an overview of the public hearing on the 2nd Avenue construction projection, held on November 30, 2010. The hearing was presided over by Committee Chair, Senator Bill Perkins and Committee member Senator Daniel Squadron as well as Senator Liz Krueger and Senator Jose M. Serrano.

Purpose of Hearing

In 2007, the Metropolitan Transit Authority (MTA) broke ground and renewed construction on the 2nd Avenue Subway with an expected completion date for the construction set for 2013 and a projected cost of $4.45 billion. The MTA has pushed back the date initially to 2014, then to 2015 and now projects completion for sometime in the year 2016. However, it was recently reported that the Federal Transportation Administration (FTA) projects that construction will not be completed until 2018 and will cost $4.98 billion instead of $4.45 billion as projected by the MTA. It has been reported that the FTA attributes the delays to the MTA‟s failure to fill key management positions and let necessary contracts.