$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

Bombardier to supply 4 more trams to Australia

The order is valued at approximately $18 million and is an exercise of an option included in a contract signed in 2011.

Texas' DCTA receives grant for A-Train Rail Trail

Once complete, the Lewisville Hike and Bike trail will run from DCTA’s Hebron Station all the way to the Highland Village/Lewisville Lake Station. Construction on the last portion of the Lewisville Hike and Bike trail is expected to begin in early 2016.

Metra prepares for winter weather with switch covers, heaters

Additionally, agency is continuing to repair and replace railcar doors that are prone to fail in winter conditions.

Alstom to supply Citadis trams to Lyon, France

The order, worth over $21 million, represents the exercise of an option on a contract signed in 2011.

XpressWest chosen to build Las Vegas-to-L.A. high-speed rail

The initial phase of the XpressWest project, which will link Las Vegas to Victorville, Calif., will cost $8 billion.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment



Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close