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ACE Near-Term Capacity Improvement TIRCP Rescission — $8.46M
funding
confirmed
watch
CTC Meeting Agendas · Jul 05
Summary
CTC is acting to rescind $8,459,000 from the ACE Near-Term Capacity Improvement Program (Platforms) TIRCP component due to a third-party contract not being awarded within the Timely Use of Funds deadline (Item 59, Ref 2.6g.(4)).
Details
Failed contract award and fund rescission may indicate a re-procurement opportunity or program restructuring for ACE platform improvements.
$8.46M being rescinded from ACE platform construction; funds return to TIRCP program
California Transportation Commission Altamont Corridor Express (ACE) Caltrans
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