Two legislative hearings were prompted by the recent release of the California High Speed Rail Authority's updated business plan, which issued newhigherestimates of the project's costs and a longer timeline for building it. The California HighSpeed Rail Authority has issued the Draft 2018 Business Plan for public review and comment. The official comment period begins Friday, March 9 and ends Monday, May 7, 2018 at 5: 00 p. m. The period to comment on the 2016 Business Plan is now closed as of May 8, 2018.
All comments Draft 2016 Business Plan for California HighSpeed Rail Authority May 15, 2018 A fresh business plan is required every two years, and the 2018 plan is the first under Brian Kelly, the new chief executive of the California HighSpeed Rail Authority.
Billions of dollars over budget and beset by criticism, the California highspeed rail continues on its fitful way with a new draft business plan released Friday laying out how the California High The California High Speed Rail Authority has released its 2018 Business Plan.
It portends to finally reveal the true cost for construction of Phase I of the project. The draft business plan transparently identifies the projects challenges, which include longer schedules and higher costs due in large part to inflation, increased contingencies and construction delays in the Central Valley.
California HighSpeed Rail Authority With its new leadership in place In early March, the California HighSpeed Rail Authority released its draft 2018 business plan, which outlines key milestones ahead and updates forecasts for costs, service levels and ridership.
The plan has some important changes, including a revised funding and delivery schedule of the first operating segment, which will service in the Note: The California HighSpeed Rail Authority considered a midpeninsula station in Redwood City, Mountain View, or Palo Alto, but it was removed from the business plan in May 2016 due to low ridership projections, although the possibility was raised of adding one in the future.
A fresh business plan is required every two years, and the 2018 plan is the first under Brian Kelly, the new chief executive of the California HighSpeed Rail Authority.