Settlement reached for purple line PPP
Date
December 09, 2020
Type
Projects
Subtype
Project in construction
Countries
(USA) United States of America
Subsectors
Railway
Contracting Authorities
Maryland Transportation Authority (MDTA)
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Maryland Department of Transportation / Maryland Transit Administration (MDOT / MTA) in the USA has reached a settlement agreement with Purple Line Transit Partners (PLTP) to continue works on purple line PPP. The PLTP is a consortium consisting of Meridiam, Star America, and Fluor. Both parties have accepted a US$ 250 million agreement to settle all disputed claims and litigation over cost overruns and project delays.
