Honeywell Puts Up $4M To End Mass. Energy Contract Fight

Law360, New York (January 16, 2013, 3:29 PM EST) -- Honeywell International Inc. has agreed to pay $4 million to settle allegations that it breached the terms of a $32.8 million energy-savings contract with the town of Quincy, Mass., the state's attorney general announced Wednesday.

Attorney General Martha Coakley had alleged that the installation of Honeywell’s water meters on more than 40 government-owned facilities was not part of the energy-saving maintenance contract and that the company had breached the terms of the agreement by billing Quincy for their installation.

The settlement also terminates the multiyear contract,...
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