|
Sunday May 19, 2013
| |||
|
SNc Channels: HomeNews by DateVideo ReportsWeatherBusiness NewsMilitary NewsRoad ReportSportsCannabis NewsCommentsPhoto GalleryADVERTISEStaffCompany StoreCONTACT USRSS Subscribe |
May-03-2012 14:46 ![]()
Agreement Reached on US 20 Eddyville-Pioneer Mountain Road Construction ProjectSalem-News.comConstruction on Hwy 20, a popular route to the Oregon coast, will restart this summer.
(SALEM, Ore.) - The Oregon Department of Transportation (ODOT) announced today that an agreement has been reached with Granite Construction Company’s joint venture, Yaquina River Constructors (YRC) to terminate the US 20: Pioneer Mountain to Eddyville Design Build contract. Terms of the agreement include that YRC will pay ODOT $15 million dollars, both parties will waive claims against each other, and the Notice of Default ODOT issued to YRC in March of this year will be rescinded. YRC will no longer have the contractual obligation to complete the project and will demobilize from the project site in an orderly manner. ODOT determined that the settlement with YRC was in the best interests of the State in order to avoid the delay and costs of protracted litigation and to allow ODOT to move forward with construction on the US 20 Pioneer Mountain to Eddyville project this summer. For more information, see also: ODOT Issues Notice of Default to Design Builder on US 20 Source: ODOT Articles for May 2, 2012 | Articles for May 3, 2012 | Articles for May 4, 2012 | ![]()
Use PayPal to
contribute to Salem-News.com: ![]() ![]() ![]() | |
| Contact: adsales@salem-news.com | Copyright © 2013 Salem-News.com | news tips & press releases: newsroom@salem-news.com. Terms of Service | Privacy Policy | |||
All comments and messages are approved by people and self promotional links or unacceptable comments are denied.
[Return to Top]
©2013 Salem-News.com. All opinions expressed in this article are those of the author and do not necessarily reflect those of Salem-News.com.