Rio Grande Pacific Wins $145.8M Rail Maintenance Contract
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Description
The CapMetro Board approved a long-term contract with Rio Grande Pacific Corporation worth up to $145.8 million for commuter rail Maintenance of Way and Signal Systems services starting in 2027. The agreement includes a five-year base term and two two-year options to ensure safe, reliable rail infrastructure.
Contract Details
Contract Amount
Not to exceed $145,826,753 (Base Period $76,530,688; Option Period 1 $33,033,070; Option Period 2 $36,262,995)
Vendor
RIO GRANDE PACIFIC CORPORATION
Agency
Capital Metro Transit Authority, TX
Contract Type
TRANSPORTATION
Document Date
May 18, 2026
Contract Term
Five-year base period with two two-year option periods (total potential of nine years), anticipated to commence in calendar year 2027
Renewal Info
Two optional two-year extensions may be exercised following the initial five-year base, allowing up to nine years of service and a total contract amount not to exceed $145,826,753.
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