The California High-Speed Rail Authority (Authority) has identified Tutor Perini/Zachry/Parsons, a Joint Venture, as the best scoring team for the design-build contract to begin construction of the Madera to Fresno segment, the first section of the high-speed rail system.
Construction on the Central Valley phase of the rail system is set to begin in Madera County late this summer. The work apparently will begin somewhere near Avenue 17 and the Burlington Northern Railway right-of-way.
The Authority, which announced the decision in a news release Friday afternoon, had estimated the cost for the design-build contract to be between $1.2 billion and $1.8 billion. The Authority determined that Tutor Perini/Zachry/Parsons, a California-based Joint Venture, who bid $985.1 million, was the “apparent best value.” The ranking and score of all five proposals are attached.
“Today is a significant milestone,” said Jeff Morales, CEO of the Authority, as quoted in the news release. “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.” ...