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NTP 2 and NTP 3 Extension Options Create Future Procurement Upside
procurement
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background
HSR Procurements · Jul 10
Linked Projects
Summary
Each materials contract includes Authority-held options for NTP 2 (Merced to Madera northern extension) and NTP 3 (Kern County to Bakersfield southern extension), exercisable at the Authority's sole discretion subject to funding availability.
Details
Incumbent NTP 1 material suppliers will have a strong positional advantage if and when extension options are exercised, making current award competition strategically significant beyond NTP 1 scope.
Additional contract value beyond NTP 1 for extension segments; total amount not disclosed
California High-Speed Rail Authority
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