U.S. Federal Rail Administration issues RFP for high speed rail
The Federal Railroad Administration (FRA), through the US Department of Transportation (USDOT), has launched a Request For Proposal (RFP) to develop a high-speed rail system.
The rail system will be developed on design, build, finance, operate and maintain (DBFOM) basis. The potential corridors are the following:
- Northeast corridor
- California corridor
- Empire corridor
- Pacific Northwest corridor
- South Central corridor
- Gulf Coast corridor
- Chicago Hub network
- Florida corridor
- Keystone corridor
- Northern New England corridor
- Southeast corridor
According to the RFP, which was issued on March 11, FRA will have to review the proposals within 90 days of their receipt and the Secretary may establish commissions to further review proposals. Later the Secretary will decide warrant further consideration.
The USDOT will consider the proposals to determine whether any of the corridors are likely to provide substantial benefits to the national transportation system and are cost-effective. In that case, USDOT would submit reports endorsing any projects to the Congress.
Interested parties must submit their proposals on or before August 31.
See notice of request for proposals:
Country news
-
-
March 16, 2016
Moody's says U.S. public private partnership market steadily growing
According to a new report from Moody's Investors Service, the growth of infrastructure public-private partnerships (PPP) in the US has been slow and fragmented to date but the market remains positioned to become one of the world's largest. Read more -
March 11, 2016
TxDOT signs agreement for SH-288 with ACS-led group
The deal was agreed after more than a year since Blueridge won the tender process for the toll lanes along Texas 288. The delay was due to the complexity of such a huge deal, TxDOT officials said to sources. Read more -
March 09, 2016
North Carolina governor to review I77 contract after Cintra´s bankruptcy in texas
This announcement comes after a Cintra's subsidiary filled for Chapter 11 protection in Texas because it was not able to repay the debt associated to the SH 130 toll road. Read more -
March 09, 2016
Star America Infrastructure Fund raises $183.3 million
Star America Infrastructure Partners, the New York based developer and manager of greenfield infrastructure assets in North America, has announced the fundraising of US$183.3 million for its Star America Infrastructure Fund LP. Read more -
March 08, 2016
Morgan Stanley raises US$3.6 Bn for second global infra fund and $2.2 Billion Co-investment Club
Morgan Stanley Infrastructure, the global infrastructure investment platform of Morgan Stanley, has recently announced that it has raised US$3.6 billion for North Haven Infrastructure Partners II (NHIP II), the successor fund to North Haven Infrastructure Partners (NHIP). Read more
