09/28/2022

California High-Speed Rail Costs Soar Again

SACRAMENTO — While much of the squabbling over California’s high-speed rail project has focused on its huge construction price tag, the cost to taxpayers just to plan the bullet train is also soaring.
California rail leaders said Tuesday it will cost an extra $97 million in office and field work to design the rail line, which has famously seen its construction cost double to $69 billion since voters approved it five years ago. The extra state and federal funds set aside for planning will wind up in the pockets of private consulting firms, including some that earn billions of dollars in annual revenue.
Rail officials say much of the latest increase is because of delays to the project’s aggressive timeline and the need to study alternative plans aimed at appeasing concerns of communities along the San Francisco-to-Los Angeles rail corridor.

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