Source: https://www.constructiondive.com, March 20, 2019
By: Kim Slowey
The repairs, which should be underway soon pending arrival of the steel plates necessary to make the approved fix, are not scheduled for completion until June, but the authority has not identified a reopening date in case there are any other measures needed after the existing construction has been reviewed in full.
The authority was dealt a different kind of blow in February when newly elected California Gov. Gavin Newsom pulled the plug on the California High-Speed Rail project, at least beyond the $15 billion to $16 billion Central Valley segment now under construction. This puts the authority’s plans for a $6 billion Caltrain station as a high-speed rail hub in jeopardy, as officials were counting on some funding earmarks for high-speed rail among its state and federal financing sources. The authority has not counted out financing the entire project, however, so that it can meet its goal of connecting Santa Clara to downtown San Francisco.
As for the bullet train, even the scaled-back version could come up at least $1 billion to $3 billion short, according to a report from the Los Angeles Times. Costs could escalate if the authority has underestimated the cost to electrify tracks and if the approximately 200 outstanding eminent domain actions take longer than expected, among other project unknowns.