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Denver airport officials fire Great Hall Partners | Dump Trucks Charlotte NC

Columbus Ohio Dump Truck Company Brief:

  • Amid rising costs and delays, Denver International Airport officials have terminated the airport's $1.8 billion public-private partnership (P3) contract with Great Hall Partners, the consortium performing a renovation of the facility's Jeppesen Terminal, The Denver Post reported.
    The construction portion of the contract is $650 million, but the total payout for Great Hall would have been almost $2 billion when factoring in a 34-year concession management agreement.
  • DIA must pay Ferrovial-led Great Hall at least $200 million to reimburse the group for the financing it provided at the start of the project, but the total termination fee will be negotiated between the two. DIA now will begin the search for another contractor to take over the project's reins when Great Hall begins stopping columbus oh dump truck company in November. 
  • In a press conference Tuesday, DIA chief Kim Day told reporters that delays past the original completion date of 2021 are a given that the airport has to go through another procurement process, but that it hopes to stay close to the original budget using a $120 million contingency fund. Day did concede, however, that the project scope might change in order to meet those budgetary goals. 

Dump Trucks Columbus OH Insight:

"Clearly we're disappointed," Day said. "This is not the outcome that we anticipated."

The termination of Great Hall was for convenience rather than for cause, which will likely allow the airport to avoid legal battles around the firing. Most construction contracts have a convenience clause, which means that the recipient of the contract can be fired for any reason. Many general columbus oh dump truck company and owners try to columbus oh dump truck company things out before the situation escalates to that point because stopping a project and finding another contractor can be costly and time-consuming. 

In a statement to CBS4, Great Hall said it was committed to a smooth transition off of the project but denied any allegations by the airport that the group is to blame for excessive change orders. 

One of the major issues has been around the quality of the terminal's existing concrete. After testing the concrete, Great Hall found areas of weak compressive strength. The airport hired an independent consultant to evaluate the concrete, and while there were relatively weaker areas, an inspection revealed no safety issues.

The consultant did, however, recommend additional testing around the airport property to check for alkali-silica reaction (ASR), which causes concrete to swell, crack and weaken. Traces of ASR were found in the terminal.  ​