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Post by Logan on Jan 30, 2017 16:01:38 GMT -6
Anchorage reaches settlement with key contractor in port lawsuitA key contractor in the botched Port of Anchorage expansion project has settled with the Municipality of Anchorage for $3.75 million, clearing what one city attorney described as a roadblock to other settlements in the case. Integrated Concepts and Research Corp., a subsidiary of the Virginia-based engineering and technical services corporation VSE Corp., filed a settlement notice Thursday in U.S. District Court. ICRC was the construction project manager in the expansion project, which cost more than $300 million and left Anchorage with a dock that couldn't be used. This is the fourth settlement reached in the port litigation, but ICRC is at the center of the web of contractors. Read more: www.adn.com/alaska-news/anchorage/2017/01/26/anchorage-reaches-settlement-with-key-contractor-in-port-lawsuit/
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