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Contracts were canceled and the Spanish railcar vendor relinquished claim to any additional payments for unpaid work and lost profits — this, in addition to the $14 million refund.
Read More →The cost of the work, estimated at $12.5 million, was approved by the Metro board in December 2010 as an addition to the fiscal year 2011 MetroRail expansion budget.
Read More →The contracts are canceled and CAF will forego any additional payments for unpaid work and lost profits. In addition, CAF will refund $14 million to Metro. The agreement was ratified by Metro's board on Friday.
Read More →As of Friday, the agency met its pledge to install 100 new bus shelters this year. The funds used to pay for the shelters came from local monies and federal grants, including the ARRA and Formula Funding Enhancement Grants.
Read More →Board Chairman Gilbert Garcia emphasized that Metro expects the $900 million grant to be restored. First, however, the agency must cancel the $331 million railcar contract with CAF USA.
Read More →The company said the FTA's decision was based on incomplete or erroneous information — starting with the name and nationality of the firm holding the contract.
Read More →Greanias will oversee an agency with 3,500 employees and about a $1 billion annual budget. Metro is working to complete the build out of five new light-rail lines, approved by voters in a 2003 referendum.
Read More →In a letter hand-delivered to Metro's newly appointed leadership, Board Chairman Gilbert Garcias and Acting President/CEO George Greanias, Rogoff wrote, "The results of the investigation are both alarming and disturbing."
Read More →Changes include adjusting trip times, adding service or eliminating trips to match ridership demand, without discontinuing an entire route.
Read More →The operator, Gregory Clark, a 32-year Houston Metro veteran, failed an FTA-required drug and alcohol test following the accident.
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