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. […]
Archive | Fresno – Bakersfield
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 […]
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 […]
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 […]
Public Meeting: Opportunity to review options in the city of Fresno March 16
What: The project’s planners are seeking public input on which alternative(s) Fresno residents prefer for the High Speed Rail train’s path through the city of Fresno and other issues such as the location of a station. Representatives will be on hand to answer questions and listen to ideas. For more information call Eric VonBerg at […]