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Engineers On California High-Speed Rail Will Finally Be Paid
Publication Date: 15-APR-09
Author: J.T. Long Format: HTML
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Description: Anticipating billions of dollars in state and federal funds, California can now pay some 80 engineering consultants that have worked for months on its planned 800-mile, $46-billion high-speed rail line stretching between Sacramento and San Diego. The Pooled Money Investment Board approved a $29.1-million loan at its April 6 meeting after state Treasurer Bill Lockyer successfully sold $6.54 billion in bonds in March.
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Construction Industry, News Articles, Business Conditions & Analysis, Markets, Finance, Costs, Legislation, Government, Management, Labor, Construction Methods, Equipment & Materials, Engineering News-Record (ENR)
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