The agency took a key step last week toward issuing a 30-year-long contract to install track, set up high-voltage electrical lines, create a digital signaling system, build a heavy maintenance train garage and obligate future maintenance of the equipment and track.
The day after the letter arrived, the California High-Speed Rail Authority voted to take the next major step in that contract process, asking for bids from three international teams that could result in an award in 2020 and a notice to begin the work by September.and redirect funds to high-speed rail project sections in Southern California and the Bay Area.
Moreover, federal officials have warned that they intend to claw back an additional $2.5 billion that has been spent, because the state violated the agreement. Transportation Secretary Elaine Chao called the project a “classic bait and switch” after Gov. Gavin Newsom curtailed the project earlier this year.
The work is far behind schedule, and only a third of all the bridges, viaducts and other structures have even started construction. The work was originally supposed to have been completed by 2017 at a cost of $6 billion. Now the cost is set at $10.6 billion.
CA is still going through with the failure of the bullet train. More stupid.
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Cole’s salary is being paid by a private employer and not tax payer money. He literally has no clue how economics work. Who pays teachers and who pays catchers. You can’t really compare the two. But comrade Bernard doesn’t care. It’s a good talking point for the minions who want free stuff.
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