by SwingMan
jlr3266 wrote:TESS has just completed it's first tunnel drive today. Molina should be done with the Yard Lead drive in January.
The one next to the Sunnyside Yard lead tracks?
Railroad Forums
Moderator: Liquidcamphor
jlr3266 wrote:TESS has just completed it's first tunnel drive today. Molina should be done with the Yard Lead drive in January.
[T]wo years may be shaved off part of the project thanks to a new contract and schedule with Dragados, the company excavating the tunnels for the new rail line.See news link below
WSJ wrote:The Metropolitan Transportation Authority has reshuffled its attack plan for the East Side Access tunnel—including stripping the largest contractor of some work—in an effort to speed up the much-delayed megaproject.
The move is expected to shave two years off the excavation deep beneath Grand Central Terminal, a key element of the largest infrastructure project in MTA history.
...
The company will finish excavating the caverns but turn over responsibility for installing concrete linings in them to a new contractor. That contract has recently been put out to bid, Mr. Horodniceanu said.
The MTA will receive a credit on its agreement with Dragados of roughly $17 million, officials said. Its contract was valued at $1.2 billion.
...
The trade-off also includes a newly restructured system of incentives and penalties for Dragados. The company could now be docked for as much as $49.5 million for future delays on its outstanding work, but could reap as much as $16 million in incentives if it finishes before its new projected completion date of August 2013.