The Federal Railroad Administration (FRA) will cancel two grants worth more than $26 million for the Baltimore-Washington Superconducting Magnetic Levitation (SCMAGLEV) project, citing significant project delays and high costs, the Department of Transportation (DOT) said in an Aug. 1 statement.
The project proposed setting up a high-speed rail system based on superconducting magnetic levitation (Maglev) technology between Baltimore and Washington, at an estimated cost of almost $20 billion.