Passenger Bus, Rail and Motorcoach Industry News

Awards honor individuals who have the vision and courage to help bring high-speed rail to America. The award recipients range from visionaries to those at the forefront of the struggle to bring 21st Century transportation to America.

The business plan was adopted with an amendment committing the authority to work with transportation agencies in Orange County to identify cost-effective ways to enable a “one-seat ride” to and from Anaheim, which was originally left out of the revised plan.

Construction of the entire 520-mile rail system will finish in 2028, with service to begin in 2029. This improved system will cost $68.4 billion in year-of-expenditure dollars.

Dan Richard, an appointee of Gov. Jerry Brown, discusses the project's $98 billion dollar price tag, its estimated ridership and whether it should move ahead at all.

Dan Richard has been a principal of Dan Richard Advisors since 2010. He was managing partner and co-founder of Heritage Oak Capital Partners, an infrastructure finance firm, from 2007 to 2009, and was senior VP, public policy and governmental relations, at Pacific Gas and Electric Co. from 1997 to 2006.