USA: Not surprisingly, a request for expressions of interest to develop high speed rail corridors has attracted a considerable degree of attention, despite the country’s poor track record with privately-funded projects and the limited prospects for such schemes going ahead in the current economic climate.
Legislation passed by Congress last October included a provision requiring the Federal Railroad Administration to open up high speed rail development to the private sector in 11 federally-designated corridors under a strict timetable. ‘Statements of interest’ were invited on December 15 (RG 2.09 p28), drawing responses from 80 organisations. These include architectural, engineering and construction firms, transport finance companies, consultants, rail service providers and rolling stock manufacturers, as well as state departments of transportation.
Under the congressional timetable, final packages that include proposals for finance, construction, operation and maintenance must be submitted by September 2009. Two months later, FRA must establish commissions to consider those proposals deemed to be in the public interest. Membership of the commissions will include state governors, mayors, railway union officials, and representatives from Amtrak, the freight railways and local transit authorities.
The commissions are to review and rank the proposals, forwarding their recommendations to FRA in February 2010. FRA in turn is expected to report back from April of that year, issuing a series of reports to Congress beginning with the Washington DC – New York corridor which is seen as the top priority.
Register here to receive the free Railway Gazette Weekly e-newsletter and keep up to date with the latest industry news.
Translate this page in your language: