CEO Report
March 5, 2025
2025 PROJECT UPDATE REPORT
- CEO Message:
- Analyze every aspect of this project to deliver this system efficiently and effectively
- Engage with industry to accelerate delivery and refine our approach
- Shift how we deliver the system by:
- Building smarter, faster, more economically
- Prevent costly delays
- Structuring into a project delivery team
- Work with legislature to provide more jurisdictional authority to CAHSRA
- Find innovative ways to stabilize funding/financing
- Forthcoming Updates:
- Updates this summer on efficiencies, process improvements, scope, cost, procurement strategy, ridership, and schedule:
- Drive efficient use of resources and funds
- Streamline operations to transition to a project delivery structure
- Enhance project delivery, performance, and future commercial value
- Advance development of the Southwest High-Speed Rail Network
- Private financing partnership opportunities with state backstop/credit enhancement
- Updates this summer on efficiencies, process improvements, scope, cost, procurement strategy, ridership, and schedule:
RELATED MATERIALS
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