Bechtel Ducks Claims In Power Plant Cost Estimate Suit

Law360, New York (May 9, 2012, 4:25 PM EDT) -- A federal judge pared claims Tuesday from an Ohio electricity cooperative's contract lawsuit alleging contractor Bechtel Power Corp. lowballed the cost estimate for a coal-fired power plant by more than $1 billion, but declined to limit damages under the plaintiff's contract claim.

American Municipal Power Inc. sued Maryland-based Bechtel last year after Bechtel unexpectedly raised its estimate of the construction costs of a coal-fired supercritical power plant in Ohio by $1 billion in October 2009, forcing the co-op to scrap the project. AMP filed a breach...
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