
Proposed claims resolution
• Single negotiated claim resolution with the prime contractor
• This would cover all existing and future claims to complete the
work and additionally include any acceleration required to
bring the berths into service in March 2026, approximately 4
months earlier than the remainder of the project
• Additional funding of $3.3M includes the required contract
contingency increase from 10% to 13%, plus additional soft
costs to complete the work due to lengthened schedule and a
revised total substantial completion of July 2026
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