California HSR faces $7B funding shortfall for Merced-Bakersfield segment

funding confirmed watch

Industry News · Jun 12

Bakersfield Extension (Shafter to Bakersfield LGA)

CP 2-3 — Construction Package 2-3 (Fresno to Kern)

Merced Extension (Madera to Merced)

Federal Funding Dispute

California High-Speed Rail Authority reports a $7 billion funding gap for the Merced-Bakersfield segment construction costs.

Why It Matters

Funding gap may trigger new procurement for financial advisory services, alternative financing structures, or project scope modifications.

Money Direction

$7 billion additional funding needed for Merced-Bakersfield segment

Who

California High-Speed Rail Authority

Estimated Value

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