High Bids Halt Airport Project
Construction on the new transit center at the Burbank-Glendale-Pasadena
Airport was expected to start this summer with completion by December
2013. Bids for the project were more than $47 million over original
cost estimates, according to a Pasadena Star-News article.
Penalties called "liquidated damages" were included
in the contracts which would be imposed on the contractors if
they fell behind in their work. Therefore, contractors raised
their bids to make sure they wouldn't have to pay the liquidated
damages.
The design team is forming a more simple plan to stay within
the $112 million estimate that was originally established, according
to Pasadena Star-News.
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