APIndiana News

Finance Authority takes action against I-69 developer

(Source: https://goo.gl/EyWtuR License: https://goo.gl/cefU8)

BLOOMINGTON, Ind. (AP): The Indiana Finance Authority has taken action against the private developer of a 21-mile section of the Interstate 69 extension for failing to pay for work done on the project.

The authority issued a notice of non-performance Tuesday against I-69 Development Partners, the private developer of the I-69 segment that will run between Bloomington and Martinsville.

After being hired as the project’s private developer, I-69 Development Partners contracted with Isolux Corsan to design and build the segment with subcontractors it hired.

The Herald-Times reports the Indiana Department of Transportation says at least one construction firm hired by Isolux Corsan “was owed reportedly more than $2.3 million.”

The newspaper reports Bloomington-based Crider & Crider Inc. halted earth-moving Monday on the segment because it had not been paid.

Related posts

Check the Chip Day is Tuesday, August 15

Brooklyne Beatty

Consumer groups ask court to reconsider records ruling

AP News

Man escapes uninjured after vehicle struck by train in DeKalb County

Brooklyne Beatty

Leave a Comment