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NTP 2 and NTP 3 Options Signal Future Procurement Extensions to Merced and Bakersfield
procurement
early_signal
background
HSR Procurements · Jul 05
Summary
All materials contracts include optional NTP 2 (Merced to Madera northern extension) and NTP 3 (Poplar Avenue/Kern to Bakersfield southern extension) authorizations at the Authority's discretion, contingent on funding availability.
Details
Vendors awarded NTP 1 contracts have a structural advantage to capture NTP 2 and NTP 3 volume, making early contract wins strategically significant for long-term revenue.
Potential additional materials spend beyond the initial $507.1M NTP 1 value if northern and southern extensions proceed
California High-Speed Rail Authority
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