california-high-speed-rail-authority

PFAL appointed as advisors to the California High Speed Rail Authority

PFAL has been appointed to act as independent advisor to the California High Speed Rail Authority. The PFAL-led team of specialist firms will be responsible for reviewing proposed funding plans that incorporate Prop 1A funding to determine if construction of the corridor or corridor segment can be completed as proposed, that the corridor or corridor segment would be suitable and ready for high-speed train operation, that, upon completion, one or more passenger service providers can begin using the tracks or stations for passenger train service, and that the planned passenger train service will not require operating subsidy. Our team will also be providing an assessment of risk and the risk mitigation strategies to be employed in each corridor or corridor segment.

The California High-Speed Rail Authority is responsible for the planning, design, construction and operation of the first international-standard high-speed rail system in the nation. The California High-Speed Rail System (System) will connect the mega-regions of the State, contribute to economic development and a cleaner environment, create jobs and preserve agricultural and protected lands. By 2029, high-speed rail will run from San Francisco to the Los Angeles basin in under three hours at speeds of over 200 miles per hour. The System will eventually extend to Sacramento and San Diego, totaling 800 miles with up to 24 stations.

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