LA World Airports Commissioners Thursday will consider approving an additional $400 million to settle legal claims and set a date for completion of LAX's significantly delayed Automated People Mover.
Los Angeles World Airports Commissioners Thursday will consider approving an additional $400 million to settle legal claims and set a date for completion of LAX 's significantly delayed Automated People Mover -- increasing the project's total cost from $2.9 billion to $3.34 billion.
The LAWA board in May already approved some $200 million in additional money for the project, to address similar claims submitted by the contractor -- but that money would be included as part of this $400 million, increasing the total settlement to about $550 million.An additional $50 million is also on the agenda Thursday as a contingency that may or may not be allocated fully, according to the agenda report.The Automated People Mover had an original estimated cost of about $2.
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