California announces bid results for high-speed construction contract

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A  joint venture (JV) comprising Tutor Perini, Zachry and Parsons is leading the competition to design and build the first section of California’s high-speed rail system.

The California High-Speed Rail Authority announced that the JV had scored highest with its bid of $985,142,530 to construct the Madera to Fresno route.

The design-build contract was estimated at between $1.2 billion and $1.8 billion.

Five proposals were submitted and then judged on technical merit (30 per cent) and cost (70 per cent).

“Today is a significant milestone,” said Jeff Morales, chief executive of the California High-Speed Rail Authority.

“We received proposals from five world class teams and are moving forward to deliver a world class program. It’s time to get to work in the Central Valley and create thousands of jobs.”

The California High-Speed Rail Authority has said that procurement process will now continue before a contract is presented to the authority’s board of directors in the next few weeks.

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