dragados flatiron jv

What dragados flatiron jv does

Dragados Flatiron Joint Venture (DFJV) is a project-specific joint venture between Dragados (part of Spain-based ACS Group) and Flatiron, established to deliver Construction Package 2-3 (CP 2-3) of California's High-Speed Rail system. The entity operates as the prime design-build contractor for the California High-Speed Rail Authority on a 65-mile route spanning Fresno, Tulare, and Kings counties in the Central Valley. Core construction scope includes at-grade, aerial, and below-grade high-speed train sections, relocation of approximately 5.5 miles of existing conventional rail lines, waterway and wildlife crossings, and roadway reconstructions, relocations, and closures. Jacobs Engineering Group serves as Lead Designer, with Sener Engineering and Systems providing additional engineering support, and the JV is supported by an active Small Business Program targeting 30% small business, 10% DBE, and 3% DVBE participation.

DFJV's business model is built around a single fixed-price, bid-based government infrastructure contract. Revenue is derived from progress billings against the design-build scope awarded by the California High-Speed Rail Authority, supplemented by a structured subcontracting program that channels portions of the work to qualified small, disadvantaged, disabled-veteran, minority, and women-owned business enterprises (with some solicitations carrying a 40% SBE goal inclusive of 5% DVBE). The go-to-market is direct enterprise sales to a single public-sector owner, complemented by outreach events, a project website (dfcp23.com), and social media channels for community engagement, careers, and subcontracting inquiries. A Selma, California hub office serves as the operational base for project management, procurement, and public involvement. Pricing is not publicly disclosed, and there is no commercial customer diversification beyond the Authority.

Name

dragados flatiron jv

Legal name

Dragados Flatiron Joint Venture

Website

https://dfcp23.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Dragados Flatiron Joint Venture is a joint venture between Dragados (ACS Group) and Flatiron serving as prime design-build contractor for the California High-Speed Rail Authority on Construction Package 2-3, a 65-mile Central Valley rail segment.

Ownership category

akta.pro rank

Product category

Heavy Civil Rail Infrastructure Construction

NAICS

Heavy and Civil Engineering Construction (237)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600)

akta.pro primary industry

Interchanges, Ramps & Flyovers Construction (IMAFAEAD)

Keywords

• Heavy civil construction
• High-speed rail infrastructure
• Design-build construction
• Rail transit construction
• Transportation infrastructure contracting

Headquarters

HQ city

Selma

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Others

Revenue model

1. Design-Build Construction Contract: Prime design-build contractor for California High-Speed Rail Authority delivering CP 2-3 construction package. Revenue derived from government infrastructure contract for 65-mile high-speed rail segment.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

DFJV is the prime design-build contractor delivering Construction Package 2-3 (CP 2-3) of the California High-Speed Rail, a 65-mile high-speed rail route through Fresno, Tulare, and Kings counties in California's Central Valley. The project includes at-grade, aerial, and below-grade rail sections, relocation of approximately 5.5 miles of existing conventional rail lines, waterway and wildlife crossings, and roadway reconstructions, relocations, and closures. The venture also operates a Small Business Program and subcontracting opportunities to engage qualified contractors on the project.

Product overview

Dragados Flatiron Joint Venture (DFJV) is a joint venture that oversees the design and construction of Construction Package 2-3 (CP 2-3) of the California High-Speed Rail, the first high-speed rail project in the nation. The company operates as a unified project delivery organization managing a 65-mile high-speed rail route, supported by its Small Business Program designed to engage and support small, disadvantaged, and disabled veteran business enterprises, and a Subcontracting program that connects qualified contractors to project opportunities.

Differentiator

Problem solved

Functional benefit

Products and services

• California High-Speed Rail Construction Package 2-3 (CP 2-3) A 65-mile high-speed rail route construction project located within Fresno, Tulare, and Kings counties in California. The project involves construction of at-grade, aerial, and below-grade sections of the high-speed train, relocation of approximately 5.5 miles of existing conventional rail lines, crossing of existing conventional rail lines, construction of waterway and wildlife crossings, and roadway reconstructions, relocations, and closures. Delivered for the California High-Speed Rail Authority.
• Small Business Program Program actively identifying, engaging, and training potential small business firms and workers interested in participating on CP 2-3, with overall 30% Small Business participation goal, 10% Disadvantaged Business Enterprises goal, and 3% Disabled Veteran Business Enterprises goal. Open to certified small businesses (SBE, DBE, DVBE, MBE, WBE).
• Subcontracting Opportunities Contracting opportunities on Construction Package 2-3 with DFJV as Prime and California High-Speed Rail Authority as Owner, including downloadable bid documents and a 40% SBE participation goal inclusive of 5% DVBE participation on solicitation packages.

Quantifiable outcome

• 65-mile high-speed rail route in Central Valley
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• FlatironDragadoscoreStrategic or Co-development PartnerParent joint venture combining Dragados and Flatiron capabilities for U.S. and Canadian infrastructure projects. As part of ACS Group, FlatironDragados operates as a multinational infrastructure company with local accessibility and resources.
• Jacobs Engineering Group, Inc.coreStrategic or Co-development PartnerLead Designer for DFJV team. Brings experience with over $60 billion in public infrastructure projects and more than 2,200 staff in California. Recognized as national leader in rail and design-build with extensive agency relationships.
• California Access To Capital ProgramminorStrategic or Co-development PartnerDFJV has partnered with the California Access To Capital Program to offer fast, flexible financing solutions for contractors, truckers and small business owners working on the CP 2-3 project.
• California High-Speed Rail AuthoritycoreOthersState government authority responsible for planning, design, construction and operation of California's high-speed rail system. DFJV holds the design-build contract for Construction Package 2-3.

Scale indicators4 records

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• Hochtief AG: German-based global infrastructure contractor and Turner Construction parent, majority-owned by ACS Group — DFJV's ultimate parent. Comparable as a sibling ACS infrastructure platform competing for and delivering rail and megaprojects globally.
• Bechtel Corporation: One of the largest U.S. engineering, procurement, and construction firms with deep public infrastructure and rail experience. Comparable as a mega-infrastructure prime contractor that competes for the same federal/state transportation megaprojects as DFJV.
• Fluor Corporation: Global engineering and construction firm with a large infrastructure and rail portfolio. Comparable to DFJV in scale of public infrastructure bids and in serving as prime contractor on large, multi-year transportation programs.
• Ferrovial SE: Global infrastructure operator and contractor (formerly Cintra for toll roads) with major U.S. rail and civil projects. Comparable to DFJV's parents in scale, transatlantic infrastructure delivery model, and exposure to U.S. public infrastructure megaprojects.
• Skanska USA: U.S. arm of Swedish infrastructure group Skanska, active in heavy civil, transit, and rail projects. Comparable to DFJV as a multinational prime contractor pursuing complex public infrastructure megaprojects in the U.S.

Direct peers

• Granite Construction Incorporated: U.S. heavy civil contractor with significant California and rail-adjacent infrastructure work. Comparable to DFJV in delivering complex transportation corridors and operating within California's stringent socioeconomic contracting requirements.
• Kiewit Corporation: One of North America's largest employee-owned heavy civil and transportation contractors, with significant rail, bridge, and highway work. Comparable to DFJV in operating as a self-performing prime on large public infrastructure projects.
• Dragados USA: The other parent of DFJV and the U.S./Canadian infrastructure arm of Spain's ACS Group. Specializes in large rail, civil, and marine projects, including HSR work in Spain and other international markets — directly overlapping DFJV's high-speed rail delivery model.
• Tutor Perini Corporation: U.S. heavy civil contractor that, as part of the Tutor Perini / Zachry / Parsons JV, is delivering CP 1 of the California High-Speed Rail program. Directly comparable to DFJV as the only other prime design-build JV on the same landmark U.S. HSR project.
• Flatiron Construction: One of the two parents of DFJV and a major North American heavy civil and transportation infrastructure contractor. Operates as the U.S. arm of FlatironDragados on highways, bridges, rail, and water projects of similar scope to CP 2-3.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@Dragados-FlatironJVCP2-3
• Facebookfacebook.com/DFJVCP23
• LinkedInlinkedin.com/company/dragadosflatironjv
• Instagraminstagram.com/dragadosflatironjointventure

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about dragados flatiron jv