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Tuesday, April 24, 2012

Resumption Of Work On Harbour Bridge Is A Go


The way is clear for work to resume soon on the Harbour Bridge upgrades and One Mile Interchange project.
Contractor ConCreate U-S-L was placed in receivership last month - but - an Ontario court ruling prevents receiver Grant Thornton from having anything to do with the jobs or seizing the performance bonds.
In an earlier interview with CHSJ News - Transportation Minister Claude Williams indicated those bonds are protecting taxpayers from additional costs.
The court ruling means the bonding company can o-k the hiring of replacement contractors to complete the jobs.
The Bank of Nova Scotia petitioned the Ontario based company into receivership  claiming the company owes almost 35-million dollars.