Facing a more than $1 billion deficit, Amemiya and Blangiardi say they don’t have enough information to map out the next steps to finish the project.
The FTA considers rail the most “challenged and troubled project that they’re dealing with,” according to the HART board’s vice chairman.
Project leaders will likely struggle to secure more funding amid the COVID-19 pandemic.
But the situation with the more than $9 billion project is so fluid right now that both Amemiya and Blangiardi struggle to say how they’ll handle it.
The rail agency insists it’s still trying to make the P3 deal work though.
The rail agency has struggled to award the last major construction contract to build the full 20-mile transit project.
City Council Chair Ikaika Anderson says “the process sucks,” referring to how this major public-private partnership award is made.
UPDATED: The bids won’t be publicly released until the contract is awarded by unidentified officials. That’s expected to take at least another month.