Listen Live on  
 

NewsRadio KFBK

Sacramento's News, Weather and Traffic Station
 
 

California High-Speed Rail Authority Approves $2 Million Stipend for Losing Bidders

 
California High-Speed Rail Authority Approves $2 Million Stipend for Losing Bidders
Posted March 11th, 2014 @ 4:05pm by KFBK News

There'll be no losers in the bid to build the second stretch of the high speed rail project from Fresno to the Tulare-Kern county line.

The California High-Speed Rail Authority's board has approved a $2 million stipend for each of the losing bidders.

Five teams have been approved to submit a bid. The board says the stipend will help offset the immense cost of putting together a comprehensive bid proposal for the 60-mile stretch.

Recommended Stories

More from NewsRadio KFBK

*