Rail Project Audit Needs to Be Comprehensive, Independent

"Incredibly, the people now asking for another $3 billion without accounting for the first $7 billion, say independent forensic auditors with special expertise in rail engineering and construction would cost too much."

Honolulu Star Advertiser
Island Voices

Rail Project Audit Needs to Be Comprehensive, Independent

By Panos Prevedouros, Randy Roth and Cliff Slater
August 24, 2017

The Hard Reality of Honolulu Rail Costs

Dear Hawaii Senators and Representatives,

I hope that you will find five minutes to read my article on HART costs: The Hard Reality of Honolulu Rail Costs.

The disparity between the actual constructed or bid costs on one hand, and the overall costs presented by HART is way too large.  It is similar to buying a $20,000 vehicle and then the dealer charges you another $30,000 for delivery, fees, docs and taxes.

A major cause of this disparity is waste and fraud. You can't possibly approve more taxes for HART before you control waste and fraud. Otherwise you are more than partners in the waste and fraud; you are the enablers.

Aloha,
Panos