Train Contract A transportation company responsible for installing defective parts on Chicago's subway cars is the leading candidate to build BART’s $3.4 billion fleet of new train cars, The Bay Citizen has learned.
Bombardier Transportation outscored two other companies in the bidding process to build BART's new fleet, General Manager Grace Crunican said Friday in a memo obtained by The Bay Citizen.
Bombardier was the low bidder for the BART car project. It priced a single car at $2.95 million, 2 percent below Alstom, a French firm, and 4 percent below Hyundai Rotem, a South Korean manufacturer. The total cost of each car will be about $5.1 million, after inflation, taxes and other costs.
Source: The Bay Citizen (
https://s.tt/17y7e)
Once an audit of Bombardier's bid is completed next month, BART staff will make a final recommendation. The transit agency's board will vote to award the lucrative contract in early May, according to the memo.
Bombardier isn’t the only bidder facing scrutiny. The Korean government ordered Hyundai Rotem to recall 19 new bullet trains after a series of breakdowns last year, the Korea Times reported.
Source: The Bay Citizen (
https://s.tt/17y7e)
"Every car builder, regardless of their reputation, goes through a difficult time,” Oversier said. “What distinguishes the good carmakers is how they deal with it, and also that it not be an ongoing problem.”
Source: The Bay Citizen (
https://s.tt/17y7e)
Sentiment : Strong Buy