by lpetrich
High-speed rail agency pushes back deadline for construction bids in Valley - High Speed Rail - fresnobee.com
It's one of four segments between Madera and Fresno that must be done by Sept. 30, 2017, because of Federal funding requirements.
California High Speed Rail Blog » CHSRA Postpones Central Valley Bids to January
got these comments:
Authority CEO Jeffrey Morales said Tuesday that questions from five consortiums of building firms have prompted the authority to set Jan. 18 as the new date by which bids must be submitted for a 28-mile stretch of the high-speed rail line from Avenue 17, northeast of Madera, to American Avenue at the south end of Fresno.This segment is expected to cost between $1.2 and $1.8 billion, giving about $40 to $60 million/mile. Awarding a contract and starting construction ought to happen by June 2013. If it does happen, it will be a most welcome sight.
"The bidders have been asking for more information and more time to analyze the information," Morales said. "If we take our time at the front end to get it right, it will ultimately be to the benefit of the project" through better bids and possibly lower prices.
It's one of four segments between Madera and Fresno that must be done by Sept. 30, 2017, because of Federal funding requirements.
California High Speed Rail Blog » CHSRA Postpones Central Valley Bids to January
got these comments:
Tom McNamara: Sort of convenient that the deadline switches from one week before the Presidential election to the Friday before the Inauguration…..
swing hanger: Indeed, I’m sure many bidders and potential investors are holding off on passenger rail projects until the political climate is more certain post election.
Alon Levy: Tom beat me to it. “More time to analyze the information” = “we want to know whether you’re going to get $5-8 billion in the two years or 0.”