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City officials await financial update of rail car contractor

By Star-Advertiser staff

LAST UPDATED: 12:32 a.m. HST, Aug 19, 2011


An update on financials of Ansaldo Honolulu, a key contractor for the planned $5.3 billion rail system, should be coming "any time soon," said the interim executive director for the Honolulu Authority for Rapid Transportation. 

The rail board's Audit/Legal Matters and Project Oversight committees received an update on the procurement process for the design, construction, operations and maintenance contract during a meeting Thursday. 

Ansaldo Honolulu was selected for the contract. But the procurement process has been embroiled in controversy, as the two losing bidders have filed protests and appeals. 

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