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Board adopts oversight protocol and seven‑party supplement for Caltrain electrification funding
Summary
The San Francisco Board of Supervisors unanimously adopted a resolution approving a seven‑party supplement to a 2012 memorandum of understanding on funding for the Peninsula Corridor electrification project and a related oversight protocol that adds dashboard reporting, notification thresholds and audit rights for funding partners.
The San Francisco Board of Supervisors on Monday adopted a resolution approving a seven‑party supplement to the 2012 memorandum of understanding governing financial commitments for the Peninsula Corridor electrification project and a companion funding protocol to strengthen oversight.
The resolution, adopted unanimously after amendments, requires a dashboard showing baseline, progress and forecast metrics; sets a notification threshold of $250,000 for significant cost deviations with a 10‑day notice requirement to funding partners; clarifies appropriation controls; and gives funding partners, including San Francisco, the right to audit or review project information.
Supervisor Peskin, who moved…
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