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High Speed Rail Authority Seeks Private Sector Ideas

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A concept animation shows a possible implementation of the California high speed rail. (Credit: California Rail Authority)

A concept animation shows a possible implementation of the California high speed rail. (Credit: California Rail Authority)

LOS ANGELES (AP) — The California High-Speed Rail Authority says it’s ready to hear from the private sector.

The authority issued on Wednesday a request for expressions of interest from companies that want to help finance, design, construct, operate or maintain the planned bullet train system.

Authority CEO Roelof van Ark says he wants companies to tell the agency “what roles they hope to play in making high-speed rail travel a reality in California.”

Companies have until March 16 to respond.

The authority has received $5.5 billion in federal funding toward the project, and more money could be on the way.

The Obama administration announced on Monday a six-year, $53 billion spending plan for high-speed rail as part of a strategy create jobs through infrastructure spending.

(Copyright 2011 by The Associated Press.  All Rights Reserved.)

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3 Comments

Linda Clark

Talk about 18th century technology….give us a break. Does Obama really believe we’re going to abandon our cars for rail? No wonder he’s doubled the unemployment rate. This guy doesn’t have a clue.

February 9, 2011 at 8:38 pm | Reply | Report comment

Mark Ickowski

Linda high speed rail is not 18th century tech its very modern day are you kidding me with pollution being bad as it is and global warming not helping things. You must be a repubnut high speed rail will create 1,000 S OF JOBS . iF ANYBODY is clueless my dear im sure its you because you are an IDIOT.

February 9, 2011 at 10:55 pm | Reply | Report comment

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