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Rail News: Passenger Rail
7/7/2014
Rail News: Passenger Rail
LACMTA signs off on joint venture contract for Regional Connector
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The Los Angeles County Metropolitan Transportation Authority (LACMTA) has now signed a contract with a Skanska USA Civil/Traylor Brothers Inc. joint venture to construct the Regional Connector in downtown Los Angeles.
The total contract value for the joint venture firm — known as Regional Connector Constructors — is $918 million. Skanska USA Civil will include its $574 million share in its second-quarter bookings, company officials said in a press release.
The Regional Connector project involves the design and construction of a 1.7-mile, double-track light-rail subway in downtown L.A. that will feature three new stations. Construction is expected to be completed in October 2020.