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Friday, April 20, 2012

Ontario Court To Rule On Harbour Bridge Performance Bonds

An Ontario court is expected to rule today how it will handle performance bonds for Concreate U-S-L - the company working on the Harbour Bridge and One Mile Interchange that was placed in receivership last month.

Premier David Alward tells CHSJ News the province is protected with the necessary labour and product bonds in place.

Alward says it's his understanding the projects won't suffer major delays as a result of the legal wrangling.

The two projects totalling about 110-million dollars are scheduled for completion this year.