Port of Alaska in Anchorage

Anchorage settles for $12.6M with port contractors

Published: November 2, 2016

Alaska Journal of Commerce
By: Elwood Brehmer

Anchorage has settled out of court for $12.6 million with three subcontractors in the city’s failed port expansion project while a lawsuit against other players in the complex drama continues.

Most recently on Oct. 19, Terracon Consultants Inc. and the Municipality of Anchorage filed a motion in U.S. District Court of Alaska notifying the court that Terracon had agreed to pay the municipality $1.95 million.

Terracon reviewed a 2008 evaluation report of the Open Cell Sheet Pile dock design that the municipality claims was faulty. The settlement document notes that CH2M, which filed a third-party complaint against Terracon in November 2014, has not filed a claim of fault or breach of contract by Terracon.

On Aug. 30, Quality Asphalt Paving, or QAP, agreed to pay the municipality $5.15 million to resolve its role in the lawsuit.

Read Full Story Here:
http://www.alaskajournal.com/2016-10-27/anchorage-settles-126m-port-contractors#.WBqK7vkrLtV