July 25, 2006
Big Dig Liability to State Limited
It's presumably gotten more press here than elsewhere, but there are, to say the least, some problems with the Big Dig project in Boston (beyond the problem that the $2.4 billion project became a $14.6
billion project). A chunk of concrete fell and killed a passenger in a vehicle a week or two back and now ever more sections are being closed off.
Total potential liability on the part of Bechtel, who was in charge of the project, to the state? $150 million. Nice contract terms if you can get 'em.
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