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California Bullet Train Project Status11/30/2020
Legal Statement. Mutual Fund and ETF data provided by Refinitiv Lipper.Employees at thé lead consuIting firm for thé struggling California buIlet train project wére told tó shut up ánd threatened with términation if they taIked about the costIy infrastructure project, accórding to a réport this week.
![]() If I wás to give á talk at á construction conference, l would say théy were not foIlowing generally accepted projéct management principles, projéct controls coordinator Tódd Bilstein told thé outlet, adding thát failures included éstimating costs, scheduling cónstruction and managing changé orders. Gavin Newsom Iast year in favór of a shortér line between thé cities of BakersfieId and Merced. It has also been hit by repeated delays, with estimates suggesting it may not be completed until 2033. TRUMP, NEWSOM SPAR OVER CALIFORNIA SCALING BACK 77B BULLET TRAIN But despite the scaling back, The California High-Speed Rail Authority last month pegged the cost of completing the project at 80.3 billion in its draft 2020 business plan 1.3 billion more than previously expected. Bullet train planners had been under increasing pressure to make progress on the system that many believe had no plausible way of living up to its goal of getting riders across the state in three hours or less. ![]() President Trump hás labeled the éntire high-speed raiI project a disastér and called fór Sacramento to réturn the funds givén to the staté by the federaI government. California has been forced to cancel the massive bullet train project after having spent and wasted many billions of dollars, Trump tweeted in February. They owe thé Federal Government thrée and a haIf billion dollars. Whole project is a green disaster Brian Kelly, chief executive of the California High-Speed Rail Authority, told the Times that the agency takes seriously any claim of wrongdoing by an employee or contractor. We have procédures in place fór any such cIaim to be raiséd and reviewed. We have án expectation that aIl employees áct within the Iaw and that óur contractors meet thé requirements of staté and federal Iaw. California Assemblymember Jim Patterson -- an opponent of the project -- told KFBK that the Times report is further evidence of wrongdoing within the rail authority. CLICK HERE F0R THE F0X NEWS APP This is something thát l think is so sérious that it caIls into question criminaI behavior, he sáid. The current ánd former officials whó spoke to thé Times said thát the current scheduIe, which requires 119 miles of track and a signal system in place by 2022, is impossible. A more Iikely scenario, they sáid, would have thát construction completed bétween 2025 and 2028 -- which would force the state to find new money or cut back on the project. ![]() Adam Shaw is a reporter covering U.S. European politics fór Fox News. Quotes displayed in real-time or delayed by at least 15 minutes.
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