NJ Transit approves $11.2B Five-Year Capital Plan
New Jersey – More than $11.2 billion in capital projects was approved by the NJ Transit board of directors on October 21.
Perth Amboy Station rendering
The board adopted a Five-Year Capital Plan that contains two sets of projects – the first set includes $11.21 billion of projects already funded by existing or expected resources. The second set identifies another $5.78 billion worth of proposed projects for which funding has yet to be identified.
Two station rehabilitation projects – Lyndhurst Station at $35 million and Perth Amboy Station at $47 million – are scheduled for award during this current fiscal year.
This year’s procurement and construction activity also continues to support critical rolling stock renewals, such as 1,104 cruiser buses, 110 articulated buses, 113 multilevel III rail vehicles and 16 battery electric buses. Other infrastructure improvements include improved lighting, bathroom upgrades, and accessible elevators at Newark Penn Station.