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STV Taps Four Infrastructure Industry Experts to Lead its Newly Created Advisory Board

State board approves $250M Purple Line settlement

State board approves $250M Purple Line settlement Initial claims from project contractors totaled $800M December 16, 2020 | 9:31 pm December 18, 2020 Maryland is moving on from the legal feud and litigation over cost overruns and delays with the Purple Line light rail project with a settlement of $250 million. The payment is part of the litigation settlement with the project’s contractors and will allow the state to pursue a new design-build contractor to continue the public-private partnership (P3). Gov. Larry Hogan said the payment was worthwhile to keep the project moving, considering the contractor’s insistence on being paid $800 million to cover cost overruns.

Maryland Board of Public Works approves settlement to resolve dispute over Purple Line light rail construction

Maryland Board of Public Works approves settlement to resolve dispute over Purple Line light rail construction
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