Archive | June, 2013

How did Tutor Perini make the grade?

Tutor Perini hasn’t made real money (i.e. cash) in years. They have gone from debt-free to highly indebted. According to the Authority rules, they shouldn’t have been eligible to win. Read our analysis of Tutor Perini’s financials here Also check out our new bid process timeline

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Changing the bid process: abuse of power and a bad idea

How is the California High Speed Rail Authority different from other agencies like Caltrans? It has a lot, lot more power. The Authority can move highways, build a railroad, move utilities, exercise eminent domain, enter into design-build contracts, issue debt and pretty much do whatever it wants with virtually none of the limitations that other […]

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