Maryland will pay the companies managing the Purple Line’s construction $100 million by Dec. 31 to settle contract disputes that caused most major work on the transit project to stop this fall, according to details of a $250 million agreement released Friday.
The part of the settlement made public did not say when the state will pay the remaining $150 million to salvage the project’s 36-year public-private partnership.
It also did not provide a time frame for when the private concessionaire must replace its construction contractor, which would allow work to resume in earnest. No date was provided for when the 16-mile line interconnecting Montgomery and Prince George’s counties will begin carrying passengers.
The Maryland Department of Transportation declined to elaborate on the details of the agreement, which became public as part of the state’s Board of Public Works agenda for Dec. 16. At least two members of the board — composed of Gov. Larry Hogan (R), Comptroller Peter Franchot (D) and Treasurer Nancy K. Kopp (D) — must approve the agreement, as required for changes to major state contracts.
Click here to read the rest of the article written by Katherine Shaver over at The Washington Post
