Archive | Event

Tutor Perini lost money on a cashflow basis in 2015, again

Tutor Perini released their earnings today. As previously announced in January, they were much, much lower than previously forecast. Why should people interested in California High Speed Rail care? Tutor Perini won the contract for the first 29 miles of civil construction for the California High Speed Rail Authority. They almost didn’t win the contract. […]

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CARRD’s Updated cost estimates and oversight concerns

Today we submitted comments for the Assembly Budget Subcommittee meeting focusing on High Speed Rail Oversight. Our main points of concern: In this case, construction bids and construction estimates are not (and have never been) apples-to-apples comparison. There is no public document that incorporates, tracks and forecasts all relevant costs for the ICS project, relative […]

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Why did Oakland’s Shimmick Construction bail out of CP 2-3 team a week before contract signing?

We clearly are not paying close enough attention to the high speed rail project. A team of Dragados (35%), Flatiron West (35%) and Shimmick (30%) had the winning bid for CP 2-3, a 65 mile stretch of civil construction in California’s Central Valley. It turns out the work will be done without Shimmick, who is involved […]

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Land purchases for initial construction way behind schedule

The contract signed with the design- build construction team led by Tutor Perini in August had a detailed list of properties that the CHSRA would have to buy and the date each parcel would be available to the contractor. The most recent report  on January 16th notes that there are significant delays.How far behind is […]

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Senator Joe Simitian: Train robber?

We are confused by this press release, issued by California State Assemblymember Cathleen Galgiani’s office this afternoon. Senator Simitian showed leadership in his recent announcement by seeking to balance the transportation goals of Prop 1A with community concerns and the fiscal reality of what we estimate is a project that will cost at least $65 […]

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Gilroy High Speed Rail Station Comparative Visioning Document

**See Updates below** CARRD has written a letter to various agencies (Santa Clara VTA Board Members, LAFCO Board Members, Santa Clara County Board of Supervisors) and the City of Gilroy leaders regarding the Gilroy station alternatives. Our letter on this issue and supporting documents area available here. At the VTA board meeting held on March […]

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California High Speed Rail Project : How far does $1.232 billion get you?

On December 9th, the Federal Railroad Administration awarded the California High Speed Rail Authority another $616 million to extend the train tracks planned for the Central Valley. The terms of this money require California to match the funds with $616 million of its own dollars, bringing the total available to $1.232 billion. The Authority will […]

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Public Meeting: Peninsula Cities Consortium April 2, 2010

What: The Peninsula Cities Consortium (PCC) will have its biweekly meeting to address issues related to the California High Speed Rail project. PCC Agenda 4/2/2010 Where: Council Chambers City of Atherton 91 Ashfield Rd. Resources PCC Website Peninsula Rail Program Website (contains useful links to agreements with California High Speed Rail and context sensitive solutions) […]

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