Workers set to leave Maryland’s Purple Line project
Frustrated by one delay after another, the builders currently working on Maryland’s Purple Line project say they will leave the project because the state is not paying for the delays and cost overruns. The project currently costs $2 billion.
Purple Line Transit Constructors (PLTC), which consists of Fluor, Lane Construction Corp., and Traylor Brothers, said according to its design-build contract it could leave if delays exceed 365 days. So far there have been 976 days of delay. Purple Line Transit Partners (PLTP), which is the investment group that is part of the 36-year public private partnership, would be left holding a $5.6 billion contract. Fluor, Meridian and Star America form PLTP.
www.rtands.com
Frustrated by one delay after another, the builders currently working on Maryland’s Purple Line project say they will leave the project because the state is not paying for the delays and cost overruns. The project currently costs $2 billion.
Purple Line Transit Constructors (PLTC), which consists of Fluor, Lane Construction Corp., and Traylor Brothers, said according to its design-build contract it could leave if delays exceed 365 days. So far there have been 976 days of delay. Purple Line Transit Partners (PLTP), which is the investment group that is part of the 36-year public private partnership, would be left holding a $5.6 billion contract. Fluor, Meridian and Star America form PLTP.
Workers set to leave Maryland’s Purple Line project - Railway Track and Structures
The Purple Line Transit Constructors say it will leave the Purple Line project due to delays and cost overruns; state says it will continue to negotiate.
www.rtands.com
