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Showing posts from November, 2018

Latest Update on Foothill Goldline Extension

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Plans for the construction of the Foothill Gold Line light rail extension from Glendora to Montclair have been revised to compensate for anticipated unfavorable shifts in market conditions, the Foothill Goldline Authority announced this week.   Notably, the Authority detailed a proposed plan this week to deliver nearly 70% of the Foothill Gold Line light rail extension from Glendora to Montclair at least two years ahead of schedule and avoid tens of millions of dollars annually in market escalation and risk money proposed by the four design-build teams competing for the Glendora to Montclair Alignment contract; while increasing the budget for the 12.3-mile, six station light rail project by $570 million to a total project budget of $2.1 billion. The proposed plan is subject to environmental approval. The sudden change of plans came after the receipt of bids by the four teams competing for the design-build contract. All four bids reflected a significant unfavorable shift in marke