Honolulu transit agency extends P3 deadline on last rail phase
Hawaii – The Honolulu Authority for Rapid Transportation (HART) extended its deadline for a public-private partnership (P3) to July 22 to finance the construction of the last phase of its 20-mile $9.2 billion light rail project.
HART officials were eager to award the P3 contract for the final segment of the East Kapolei-to-Ala Moana line in order to receive $744 million from the Federal Transit Administration, but bidders requested a deadline extension because of the COVID-19 pandemic.
The agency also will relocate offices to an undetermined location because its lease will not be renewed. The move is estimated to cost $3.6 million, but a timeline has not been established.