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Optional NTPs for Northern and Southern Extension Materials Represent Future Procurement Upside
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HSR Procurements · Sep 10
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Summary
All materials contracts include Authority-option NTP 2 (Merced to Madera extension) and NTP 3 (Kern County to Bakersfield extension) tranches beyond the initial 119-mile First Construction Section scope.
Details
Suppliers awarded NTP 1 contracts are well-positioned to capture extension work if CHSRA exercises NTP 2 and NTP 3 options, representing significant incremental revenue.
Future materials funding contingent on extension NTPs being exercised, subject to funding availability
California High-Speed Rail Authority
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