Draft 2026 Business Plan Released with $1.7B Cost Reduction for Phase 1

funding confirmed watch

HSR Newsroom · Jul 05

Summary

The Authority released its draft 2026 Business Plan showing a $1.7 billion reduction in Phase 1 projected costs due to streamlining efforts. The plan is under 60-day public review and comment.

Details

Why It Matters

The business plan revision signals shifting program scope and budget assumptions that will drive future procurement strategies and consultant needs.

Money Direction

Revised cost profile for Phase 1 San Francisco to Los Angeles/Anaheim delivery

Who

California High-Speed Rail Authority

Estimated Value

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