City to level $1M penalty for LRT delay

By CBC News Ottawa, November 2, 2018

The City of Ottawa will hold back $1 million from the next payment to the LRT contractor because of continued delays, but that could be just a small fraction of the millions the city has spent.

In a memo released late Friday afternoon, city manager Steve Kanellakos said the city would be holding $1 million back from the next payment to the company, which it will receive when the construction is substantially complete. The $1 million is a penalty built into the contract for missing the completion target.

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