Tyco/Holland Railconsult came top of the seven bidders in a preliminary report evaluating project management tenders for Portugal’s high speed rail scheme. The network will cover a total of 600 km of double track railway along three routes. The first phase, starting this year, includes feasibility and design studies as well as the application for EU funding. Detailed design and construction will take place in subsequent phases from 2005 to 2011. Overall project investment is estimated at US$4.8 billion. The client is Rede Ferroviária de Alta Velocidade.