- Associated Press - Monday, April 20, 2015

SACRAMENTO, Calif. (AP) - California’s High-Speed Rail Authority says five construction teams have submitted qualifications allowing them to bid on the third segment of the project.

The 22-mile segment running through Tulare and Kings counties is expected to cost between $400 million and $500 million.

The qualifying bidders announced Monday include the two joint ventures that won the much larger construction contracts for the first and second phases of the $68 billion project in the Central Valley. They are Tutor Perini/Zachry/Parsons and Dragados/Flatiron.

The other qualifying bidders are California Rail Builders: Ferrovial Agroman; Central Valley Connection Builders: FCC Construccion S.A. and Corsan-Corviam Construccion S.A.; and Salini Impregilo/Security Paving Joint Venture.

The candidates were vetted for experience, technical competency, project understanding and ability to perform. They did not submit cost proposals.

LOAD COMMENTS ()

 

Click to Read More

Click to Hide