CHICAGO - The St. Louis Metro transit agency failed to adequately control the costs of its Cross County Extension project or ensure the viability of the developers' proposed design, and issued flawed bid documents, contributing to $136 million in cost overruns on the $550 million project, according to a Missouri audit released this week.
The long-awaited 47-page audit from state auditor Susan Montee was requested by Gov. Matt Blunt in 2005. It reviewed the transit agency's operations with a focus on its management of the light-rail extension project. The audit is available at www.auditor.mo.gov/press/2008-58.pdf.