The Board of Directors meets at 10 a.m. today at Metro HQ in downtown Los Angeles for a special meeting to consider a $299-million contract to buy 78 light rail vehicles from Kinkisharyo International, LLC. The contract also includes four options to purchase 157 more rail cars for a price up to $591 million.
Obviously, spending $890 million is a big deal and there are — surprise! — other firms that would like to do business with Metro. Thus, the special meeting.
Here’s the Metro staff report on the contract and here’s an earlier Source post on the Kinkisharyo rail vehicles (with renderings). If you would like to listen to the meeting over the phone, the call-in number is 213-922-6045.