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Book IMPROVED FRA Decision Making and Financial Oversight Processes Could Have Reduced Federal Risks from the California High Speed Rail Project

Download or read book IMPROVED FRA Decision Making and Financial Oversight Processes Could Have Reduced Federal Risks from the California High Speed Rail Project written by and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book California High speed Rail

Download or read book California High speed Rail written by and published by . This book was released on 2013 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: The planned 520-mile California high-speed rail project, which would link San Francisco to Los Angeles, would be designed to operate at speeds up to 220 miles per hour. At an estimated cost of $68.4 billion (in year-of-expenditure dollars), it is expected to be one of the most expensive transportation projects undertaken in the United States. The Authority is responsible for implementing the project and federal funding is being provided from the FRA’s High-Speed Intercity Passenger Rail program. GAO reviewed (1) the reliability of project cost estimates, (2) the reasonableness of revenue and passenger rail ridership forecasts, (3) the risks attendant with the project’s funding plan, and (4) the comprehensiveness with which the project’s economic impacts were identified. GAO obtained documents from and conducted interviews with federal officials and officials from the Authority related to cost, financing, ridership and revenue modeling and estimation, and business plans and analyses related to potential economic impacts. GAO also interviewed state and local officials as well as the project’s peer review group members. What GAO Recommends:To produce reliable cost estimates, FRA should improve its guidance so it is in line with the best practices in GAO’s Cost Guide. The Department of Transportation did not agree or disagree with the recommendation but said, with further analysis, applying the Cost Guide would be feasible. The Authority said it will incorporate many of the report’s findings into future cost and ridership estimates.

Book California High speed Passenger Rail

    Book Details:
  • Author : U.s. Government Accountability Office
  • Publisher : Createspace Independent Publishing Platform
  • Release : 2017-08-04
  • ISBN : 9781974181469
  • Pages : 90 pages

Download or read book California High speed Passenger Rail written by U.s. Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-08-04 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: " The planned 520-mile California high-speed rail project, which would link San Francisco to Los Angeles, would be designed to operate at speeds up to 220 miles per hour. At an estimated cost of $68.4 billion (in year-of-expenditure dollars), it is expected to be one of the most expensive transportation projects undertaken in the United States. The Authority is responsible for implementing the project and federal funding is being provided from the FRA's High-Speed Intercity Passenger Rail program. GAO reviewed (1) the reliability of project cost estimates, (2) the reasonableness of revenue and passenger rail ridership forecasts, (3) the risks attendant with the project's funding plan, and (4) the comprehensiveness with which the project's economic impacts were identified. GAO obtained documents from and conducted interviews with federal officials and officials from the Authority related to cost, financing, ridership and revenue modeling and estimation, and business plans and analyses related to potential economic impacts. GAO also interviewed state and local officials as well as the project's peer review group members. "

Book California High Speed Rail Authority

Download or read book California High Speed Rail Authority written by California. State Auditor (2013- ) and published by . This book was released on 2018 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: This audit examines the California High-Speed Rail Authority's contracting and cost control practices and concludes that both "flawed decision making" in regards to the beginning stages of construction and "ongoing poor contract management for a wide range of high-value contracts" have led to billions of dollars of cost overruns

Book California High Speed Passenger Rail

Download or read book California High Speed Passenger Rail written by Susan A. Fleming and published by . This book was released on 2013-04-29 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: The planned 520-mile Calif. high-speed rail project linking San Francisco to L.A. would be designed to operate at speeds up to 220 miles per hour. At an estimated cost of $68.4 billion (in year-of-expenditure dollars), it is expected to be one of the most expensive transportation projects undertaken in the U.S. The Calif. High-Speed Rail Authority is responsible for implementing the project and federal funding is being provided from the Fed. Railroad Admin.’s (FRA’s) High-Speed Intercity Passenger Rail program. This report reviewed (1) the reliability of project cost estimates, (2) the reasonableness of revenue and passenger rail ridership forecasts, (3) the risks attendant with the project’s funding plan, and (4) the comprehensiveness with which the project’s economic impacts were identified. Tables and figures. This is a print on demand report.

Book High Speed Rail Authority Follow up

Download or read book High Speed Rail Authority Follow up written by California. Bureau of State Audits and published by . This book was released on 2012 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book California s High speed Rail Plan

Download or read book California s High speed Rail Plan written by United States. Congress. House. Committee on Transportation and Infrastructure and published by . This book was released on 2012 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book CALIFORNIA High speed Rail Project

Download or read book CALIFORNIA High speed Rail Project written by and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book High Speed Rail Authority in California

Download or read book High Speed Rail Authority in California written by Elaine M. Howle and published by DIANE Publishing. This book was released on 2010-11 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Report concerning the Calif. High-Speed Rail Authority¿s (Authority) readiness to manage funds authorized for building the high-speed rail network in Calif., including the $9 billion in general obligation bonds the voters authorized in Nov. 2008. This report concludes that the Authority has not adequately planned for the future development of the program. State law requires the Authority to establish an independent peer review group to review the Authority¿s plans, but only five of the eight members have been appointed. Additionally, the Authority does not currently categorize and track expenditures for admin., which state law limits to 2.5% ($225 million) of the $9 billion in bond funds authorized. Charts and tables.

Book Oversight of California High speed Rail

Download or read book Oversight of California High speed Rail written by United States. Congress. House. Committee on Transportation and Infrastructure. Subcommittee on Railroads, Pipelines, and Hazardous Materials and published by . This book was released on 2013 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Continued Oversight of the California High speed Rail Project

Download or read book Continued Oversight of the California High speed Rail Project written by United States Congress and published by Createspace Independent Publishing Platform. This book was released on 2017-07-29 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: Continued oversight of the California High-Speed Rail Project : field hearing before the Subcommittee on Railroads, Pipelines, and Hazardous Materials of the Committee on Transportation and Infrastructure, House of Representatives, One Hundred Fourteenth Congress, second session, August 29, 2016 (San Francisco, California).

Book California High Speed Passenger Rail

    Book Details:
  • Author : United States Government Accountability Office
  • Publisher : Createspace Independent Publishing Platform
  • Release : 2018-01-05
  • ISBN : 9781983545016
  • Pages : 90 pages

Download or read book California High Speed Passenger Rail written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-01-05 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: CALIFORNIA HIGH-SPEED PASSENGER RAIL: Project Estimates Could Be Improved to Better Inform Future Decisions

Book Continued Oversight of the California High speed Rail Project

Download or read book Continued Oversight of the California High speed Rail Project written by United States. Congress and published by . This book was released on 2017-08-27 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: Continued oversight of the California High-Speed Rail Project : field hearing before the Subcommittee on Railroads, Pipelines, and Hazardous Materials of the Committee on Transportation and Infrastructure, House of Representatives, One Hundred Fourteenth Congress, second session, August 29, 2016 (San Francisco, California).