📋 Tender Overview
Scope Develop and operate the Texas High-Speed Rail project connecting Houston and Dallas. Texas Central the developer of the project had selected Renfe to develop and operate the 386km long high-speed rail project which could begin operations in 2026. the actual value of its contract is 311m and will include the design and construction phases of the project. The cost of providing operations and maintenance of the line between 2026 and 2042 is anticipated to add another 5.6bn. When operational the link connecting the two cities of Houston and Dallas will bring down the travel time to less than 90 minutes by running at speeds more than 320km per hour.The total estimated cost of the project could reach up to 20bn with civil works estimated to be 14bn. The investment could bring a substantial and long-lasting positive impact on the states economy by creating nearly 10000 jobs during the construction phase and 1500 permanent jobs when operational. It could bring nearly 36m in state-wide economic benefits for the next 25 years.It is estimated that traffic congestion on Interstate 45 between Houston and North Texas could double by 2035 bringing the travel times to more than five hours.
