It will take an estimated $62 to $65 million to build this Bus Rapid Transit system, including vehicles, a new park-and-ride facility, maintenance facility upgrades, and general system costs. This is a deliberately conservative (high) estimate, including a 40% contingency for unexpected costs, and it is expected that the actual costs will be significantly lower. Up to 80% of the funding could come from the Federal Transit Administration, with the rest provided by local agencies and institutions.
Once built, the system would cost about $3.2 to $3.3 million every year to operate. This cost would be the responsibility of the operating agency and participating institutions such as UNM and CNM.