Maryland’s Board of Public Works approved a $250 million legal settlement Wednesday aimed at resuming major construction on the light-rail Purple Line project within nine months.
The three-member board — composed of Gov. Larry Hogan (R), Comptroller Peter Franchot (D) and Treasurer Nancy K. Kopp (D) — voted unanimously to pay the companies managing the construction to resolve delay-related contract disputes dating to 2017.
Under the agreement, the firms will hire a new construction contractor within one year, although that is expected to take closer to six months, Maryland Transportation Secretary Gregory I. Slater said. It’s expected to take another three or so months to refinance the remaining work — the project is about 40 percent complete — before construction would resume in earnest, he said.
Click here to read the rest of the article written by Lauren Lumpkin over at The Washington Post
