Jun 24, 2026Board meeting
California High-Speed Rail Authority Board of Directors Meeting
The Board discussed several strategic items, including public feedback regarding project connectivity, construction pace, and requests for improved transparency and contingency fund management. The Board approved the 2026 program baseline and the fiscal year 2026-2027 capital budget, addressing concerns regarding long-term funding stability and financial planning. Additionally, the Board authorized the implementation of an Owner-Controlled Insurance Program to streamline liability coverage and reduce insurance expenses. Finally, the Board approved the solicitation process for a collaborative design-build approach for the Merced to Madera civil works project, including the award of pre-proposal collaboration agreements.