The bids are in from five teams vying for the contract to build the first segment of California's high-speed rail line. But maybe there's a reason why the cheapest bid was so much lower than the others: "11 major projects in the San Francisco Bay Area completed by Tutor [one firm in the lowest-bidding partnership] in the last dozen years cost local governments $765 million more than they expected, or 40 percent above the initial bids." [California Watch]
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High-Speed Rail: Bidding Madness
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