Re “Bullet train likely to miss budget, deadline targets” (Page 3A, Oct. 25): A recent report on the California high-speed rail gave readers a dramatic but false impression of where our program stands in terms of costs and technical hurdles. In truth, we are making steady progress. Work is underway on the over 100-mile rail segment in the Central Valley, with over $2 billion in construction contracts executed. Drive along Highway 99 and you will see crews.
Although the article had extensive speculation about potential future cost growth, it omitted that the first construction contracts have come in hundreds of millions of dollars below estimates. The article also makes it seem as though no one has thought about the challenge of tunneling through mountain ranges. On the contrary, we have brought in some of the world’s leading tunneling experts and they’re confident of our ability to construct the needed tunnels.
Any infrastructure investment of this size will face risks associated with cost and schedules. To that end, we’ve employed the most advanced risk management strategies available. This approach has resulted in lower costs and faster timelines.
There will be bumps along the way, for sure, and we will be forthright about the difficulties, but the article stands in stark contrast to the progress we’re making.
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