Rail

$67B building cost estimated for Calif. HSR first phase

Posted on February 12, 2014

SACRAMENTO, Calif. — Merced Sun-Star reported that the California High-Speed Rail Authority presented a draft of its latest business plan to the state’s High-Speed Rail Authority board in Sacramento.

The plan estimates that the cost for building the first 520-mile phase of the train line between San Francisco and Los Angeles will be $67.6 billion, which is about 1% less than the $68.4 billion estimate from the 2012 business plan.

The plan also includes estimates on ridership, fare revenue, and long-term operations and maintenance costs. The draft is subject to 60 days of public comment before a final version is sent to the State Legislature by May 1.

California High-Speed Rail Authority CEO Jeff Morales told the paper the business plan is an update to the organization’s 2012 business plan and includes input from government agencies, academics, critics and international rail experts. For the full story, click here.

To read a copy of the business plan draft click here.

View comments or post a comment on this story. (0 Comments)

More News

Alstom opens new Brazilian Citadis production line

The new production facility will serve the Brazilian market and, in a near future, the Latin America region where a number of new tramway projects are emerging. When fully operational, the facility will employ around 150 people.

FRA ramps up campaign to address nationwide grade crossing safety

The first phase of the effort calls upon local law enforcement agencies to show a greater presence at grade crossings, issue citations to drivers that violate rules of the road at crossings and consider rapid implementation of best practices for grade crossing safety.

S.C. city seeking elevated transit line bids

The first phase of the plan would construct a four-mile section elevated guideway above a section of abandoned railroad tracks. The first section of the elevated railway could connect Clemson University's International Center for Automotive Research campus with downtown Greenville.

MBTA considers options to compensate riders for snow woes

One option included offering one week of free fares throughout the system ($6 million in lost revenue).

Calif.'s Metrolink puts PTC into revenue service demo mode

With this latest accomplishment, Metrolink remains on track to become the nation’s first passenger rail system to have a fully implemented, interoperable PTC system in place.

See More News

Post a Comment

Post Comment

Comments (0)

Please sign in or register to .    Close