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Committee Chairman John L. Mica (R-FL) and Rail Subcommittee Chairman Bill Shuster (R-PA) announced at a Congressional hearing that they are preparing legislation to significantly speed up development of high-speed rail and reduce high taxpayer subsidization of the project.
Read More →Pursuit of private financing is one of several actions taken by the agency to expedite its next-generation high-speed rail vision plan since it was announced in September 2010. The business plan will identify and develop public and private funding sources and address fundamental issues of risk, credit, debt and investment phasing among other criteria.
Read More →Issues a "request for expressions of interest" as a first step in the procurement process that will award contracts for the first $5.5 billion in construction and ultimately for the design and construction of the entire system, its trainsets, and its operations and maintenance.
Read More →The joint venture is providing architecture, engineering and consulting services to Denver Transit Partners (DTP) for the design and construction of a commuter rail system connecting Denver International Airport to several key locations in the Denver area with an estimated completion date in 2016.
Read More →The $1.3 billion, 23-mile line, which would run from Union Station to Denver International Airport is expected to be awarded to a public-private partnership in July.
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