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CA HSR cost estimate increases to $231B, suggesting major funding gap
funding
confirmed
watch
Industry News · May 11
Summary
California High-Speed Rail project cost estimate has jumped to $231 billion, nearly seven times the original 2008 estimate, indicating a massive funding shortfall.
Details
Dramatic cost increases will likely drive new funding mechanisms, procurement strategies, and potential P3 opportunities to bridge the funding gap.
Additional $200+ billion in funding will be needed beyond current allocations
California High-Speed Rail Authority
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