Saturday, June 2, 2012

City Council approves Crowder settlement - Charlotte Business Journal:

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Terms call for the city to pay $556,0090 for unexpected construction costs incurred because of rocks and bouldersa found beneaththe site. Crowder built the 1,120-space parking deck at the southern end of the Lynx Blue Line near Interstat e 485 andSouth Boulevard. Charlotte City Councik approved the settlement in a voteTuesday evening. Last Crowder filed a lawsuit and said the cityowed $2.9 The original city contract called for Crowdedr to build the deck for $21.4 Additional drilling and excavation caused by the rocksa and boulders below ground led to more than $2 millio n in cost overruns.
Crowder blamed the additionao costs on incomplete geotechnical surveys and incomplete designs for the The city and Crowder agreed the company was due some compensation for theadditional costs, but disagreed on the amount. A mediatiohn this month between the city and company led tothe $556,0009 settlement.

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