Interstate 77 toll road contractor Cintra will be fined $30,000 a day beginning Friday for missing deadline for completing the project. “Per the provisions of the comprehensive agreement for the I-77 project, liquidated damages of $10,000 per day for each uncompleted section of the project will begin being assessed on Friday, Nov. 1,” the N.C. Department of Transportation says in a news release. “As is standard in all NCDOT construction projects, the prime contractor has the right to appeal…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2019/10/31/contractor-will-be-fined-30k-daily-for-missing.html?ana=RSS&s=article_search
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