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Purple Line contractors reach $250M settlement with Maryland DOT | Dump Trucks Charlotte NC

Jenn Goodman/Construction Dive

Columbus Ohio Dump Truck Company Brief:

  • After months of negotiations, the Maryland Department of Transportation yesterday said it reached a $250 million settlement with the columbus oh dump truck company building the stalled Purple Line light-rail system in the state’s Washington, D.C.
, suburbs.
  • The agreement with Meridiam, Star America and Fluor settles all outstanding financial claims and terminates litigation between the parties, according to a press release. As part of the settlement, the state said Fluor will drop out of the Purple Line Transit Partners public-private partnership agreement and the project will proceed with just Meridiam and Star America as P3 developers and equity partners.
  • If approved by the Board of Public Works next month, Meridiam and Star America will initiate solicitation for a new design-build contractor, in coordination with MDOT and the Maryland Transit Administration.

    • Dump Trucks Columbus OH Insight:

    The agreement is the result of months of negotiations between the state and PLTP. The $5.6 billion deal fell apart in September over an estimated $800 million in cost overruns and multiple lawsuits, leaving behind dozens of unfinished columbus oh dump truck company sites. MDOT and the MTA took over day-to-day management of PLTP’s contracts two months ago in an effort to keep the project from stagnating.

    “This agreement is a major step toward completing the Purple Line, a transformative project for our state and the region,” said Gov. Larry Hogan in a news release.

    In the interim period, MDOT and MTA will retain oversight of hundreds of contracts and purchase orders. Purple Line columbus oh dump truck company underway includes:

    • Light-rail car manufacturing.
    • Bridge work.
    • Stormwater drainage.
    • Paving.
    • Utility and pump station construction.

    MDOT and MTA said they will also focus on reducing risks in the upcoming solicitation by completing design, acquiring permits and advancing utility columbus oh dump truck company along the Purple Line corridor, the statement said.

    Fluor is part of other aspects of the project, including Purple Line Transit Operators, which is slated to run the system once it is complete. It was unclear from yesterday's announcement whether Fluor will continue in those roles.

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