Anchorage settles with remaining contractors in port lawsuit for a fraction of claimed loss

Anchorage Dispatch News
By Devin Kelly

The city of Anchorage has reached settlements with three remaining contractors involved in the botched Port of Anchorage expansion project, ending a lawsuit that stretched nearly three years and recouped only a fraction of what the city had sought in damages.

Engineering firm CH2M Hill Alaska Inc. paid the city $1.5 million, according to the settlement filed in U.S. District Court in Anchorage. CH2M Hill was sued because it acquired Veco Corp. after Veco became mired in a corruption scandal. Veco actually worked on the port project.

The port designer, PND Engineers Inc., and another designer, GeoEngineers Inc., each settled for $750,000.

In all, seven private contractors settled with the city for about $19 million total. The city had sought more than $100 million in damages. The port expansion cost more than $300 million and left the city with a dock that couldn't be used or fixed.

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https://www.adn.com/alaska-news/anchorage/2017/01/31/anchorage-settles-with-remaining-contractors-in-port-lawsuit-for-a-fraction-of-claimed-loss/