The California High-Speed Rail Authority recently announced that a joint venture composed of Tutor Perini, Zachry Construction and Parsons has provided the apparent best value proposal for the initial design-build construction package of California's high-speed rail system located in the Central Valley.  The Authority received four other proposals from Dragados/Samsung/Pulice (composed of  Dragados SA; Samsung C&T America and Pulice Construction), California Backbone Builders (composed of Ferrovial Argoman and Acciona), California High-Speed Rail Partners (composed of Fluor, Skanska and PCL Constructors) and California High-Speed Ventures (composed of Kiewit Infrastructure West, Granite Construction and COMSA EMTE USA).  The apparent best value scores are shown in the table below:

The apparent best value selection was based 70 percent on price and 30 percent on technical scores.  The Tutor Perini/Zachry/Parsons proposal price of $985,142,530 was also the lowest price proposal.  The apparent best value proposal price was also significantly below the Authority's cost estimate of between $1.2 and 1.8 billion.  While the initial determination of the apparent best value proposer has been made, the procurement remains in progress.  If the Authority is unable to reach a final contract with Tutor Perini/Zachry/Parsons, the Authority may continue the procurement with the next most highly ranked proposer.

Please see the Authority's website for further information.