The Santa Clara Valley Transportation Authority (VTA) BART Silicon Valley Phase II staff will recommend to the Oversight Committee on June 12 that VTA pursue a new tunnel contractor to align costs with the project budget. This move is part of a strategic effort to control costs and keep the project on a financially sustainable path.
“VTA staff have identified approximately $400 million in potential cost savings through a comprehensive review of the project. By taking a holistic approach, the team pinpointed opportunities to refine the design, streamline construction methods, and optimize project delivery, demonstrating VTA’s commitment to fiscal responsibility and efficient use of public funds,” explains Sergio Lopez, Mayor of Campbell and Chair, VTA Board of Directors.
Current contractor Kiewit Shea Traylor (KST) was unable to meet budget expectations and VTA staff believe a new procurement should be considered to find savings and avoid cost increases associated with KST’s price proposal for the tunnel work…