FINAL RECKONING: Total payment settled for overdue MoPac project


Highlights

The Central Texas Regional Mobility Authority and contractor CH2M have been at odds over long-overdue project.

CH2M in a March document said it has spent $375 million building toll lanes it agreed to do for $137 million.

The mobility authority board will mull a settlement in closed session, and probably vote on it Tuesday.

The MoPac toll project, already a four-year headache for Central Texas drivers, got about $38 million more expensive on Tuesday.

It is also about to get done. Finally.

Central Texas Regional Mobility Authority officials on Tuesday reached a settlement that will result in contractor CH2M getting a total of $159.9 million for the project. Specifically, the deal gives CH2M $21.5 million to drop claims for up to $100 million in added costs, and up to an additional $17 million for tasks added to the project.

Still, the mobility authority contends that it — and by extension, the public — is still getting a bargain for the 11.2-mile-long makeover of North MoPac Boulevard and the addition of two toll lanes.

Read the full story on mystatesman.com to see the total cost overruns on the MoPac project and find out what that means for commuters.



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