Change Order 427: How a $1.4B Rail Contract Passed $3B

David’s question: “What does the $537.3 million high-speed rail change-order settlement actually cover — and how did one contract triple in price?”

Eve: “It's Change Order 427 with Dragados Flatiron Joint Venture for $537.3 million — the largest single change order in the project's history. Before this settlement, DFJV had already racked up 597 change orders totaling $2.32 billion, pushing their total past $3 billion on a contract that started at $1.4 billion.”