$3.4 Billion Rail Cash Buffer Eases Tutor Perini Funding Concerns
California’s newest high-speed rail financial update details $3.375 billion available from all program funding sources. That is roughly 71 times larger than Construction Package 1’s $47.6 million in construction expenditures for June. While this isn’t a measure of the project’s total timeline, it highlights stronger upcoming payment ability than the wider funding discussion implies.
