image credit: Freepik

Kiewit-Parsons JV wins $806M Los Angeles Gold Line light rail contract

August 16, 2019

In its press release announcing the award, the authority said that the construction phase could generate as many as 16,000 jobs, which, in turn, would create up to $1 billion in labor income and up to $40 million in extra tax revenue.

The Foothill Gold Line was the first to be named a Measure M project, one that is a beneficiary of the 2016 voter-approved, half-cent regional sales tax. Measure M is expected to generate about $860 million a year for transit projects in Los Angeles County.

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