Here's the actual press release. This actually seems promising to me: my understanding of the situation is that the CM/GC process, as it was implemented for the GLX, essentially allowed the contractor to name their price with no competition or negotiation, so what this is really saying is "we want to start the bid process over with something actually sensible". The press release language about "aggressively adjusting the design" bugs me; as proposed, $2-3 billion already seemed incredibly expensive for laying new rail on existing rights-of-way (the $2 billion number was already at the top of the range for comparable recent US projects) and I'd like to believe that the original design could be completed for much less money. This isn't saying "the project is dead", quite yet, and I'm guessing they want to avoid saying that as long as they can to keep the federal money they have.