- 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.

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