UK-based infrastructure services company Balfour Beatty Plc (BBY.L) said Parsons Brinckerhoff, its professional services division, has received a two-year contract extension from the California High-Speed Rail Authority to provide programme management services on the California High-Speed Rail project. The contract is valued at 78 million pounds, or 120 million U.S. dollars.
The project will allow passengers to travel from Los Angeles to San Francisco at speeds capable of over 200 miles per hour, making the trip in under three hours, compared to almost six hours by road. The first phase of the planned 800-mile network will run from Los Angeles to the San Francisco Bay Area through California's Central Valley, with subsequent phases connecting to San Diego and Sacramento.
Parsons Brinckerhoff has served as the project's programme manager since 2006 and is assisting the California High Speed Rail Authority with all aspects of the programme, including planning, environmental review, preliminary engineering, and testing and commissioning.
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