Chicago to pay fired contractor $11 mil
Posted March 26, 2008 11:00 pm
The city of Chicago has agreed to pay a general contractor it fired during the construction of a park $11 million under a settlement reached by lawyers for both sides.
The city hired Harston/Schwendener as general contractor for the Millennium Park project. In 2000, officials fired the joint venture involving Westmont-based Paul H. Schwendener Inciroirated and Chicago-based G.M. Harston Construction amid mounting concerns about the project's cost and delays.
According to court records, Harston/Schwendener alleged the city owed it tens of millions of dollars in disputed fees.
Pending the City Council's approval of the March 4 agreement, the final price tag for the popular tourist attraction in downtown Chicago now would exceed $500 million.
Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked.
If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.