That famous golden spike takes on a whole new meaning with the nearly 1 billion dollar rail to nowhere contract that clocks in at a truly golden 35 million dollars per mile.
And its recipient, Mr. Diane Feinstein owner of Tutor Perini, just happens to sit in a warm position near the top of the state’s political heap.
The Perini-Zachary-Parsons bid was the lowest received from the five consortia participating in the bidding process, but “low” is a relative term. The firms bid $985,142,530 to build the wildly anticipated first section of high speed rail track that will tie the megopolis of Madera to the global finance center of Fresno. Do the division, and you find that the low bid came in at a mere $35 million per mile.
And that doesn’t include the cost of rolling stock (that’s engines and cars to the normal among us). Nor does it include the cost of electrifying the route. Does it at least include the cost of land acquisition? No, it does not.
As this fiasco progress, remember that this $35 million per mile represents the best California can do on the section of track the High on Crack Speed Rail Authority selected to go first because it will be the cheapest.
But at least that 35 million per mile will be the end of it. It’s not like Diane Feinstein’s better/worse half’s company has a history of fraud and overspending.
According to the Seattle News some of the Perini headlines read: “In February, Tutor-Saliba and Perini agreed to pay $19 million to settle racketeering and fraud allegations in a San Francisco airport project.” … “The companies are embroiled in an 11 – year legal battle over $16 million in extra costs on a Los Angeles subway job.”
Who could have thought this would happen under the responsible and honest stewardship of Governor Moonbeam and his gang of unions?