Contractor Files for Chapter 11 on Tampa Desalination Project
Keywords: management, construction industry, business conditions, ENR, markets, engineering news-record, costs, construction methods
Full Article Price:
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Delivery: Immediate Online Access
Publication Date: 10-NOV-03
Format: XML document
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Article Description| Covanta Tampa Construction Inc. filed for Chapter 11 bankruptcy on Oct. 29. The filing, in U.S. District Court in New York City, temporarily prevents Tampa Bay Water from terminating the contract for a 25-million-gallon-per-day desalination plant. The $108-million project was finished last March, but the engineer-procure-construct contractor has been unable to pass a 14-day acceptance test. The ... |
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