One of the three companies bidding on I-10 bridge walked off four projects in Florida

State Auditor Jim Zeigler charged that a company on the short-list for building the Mobile Bayway toll bridge walked off four projects in Florida, and its parent company filed bankruptcy.

According to Zeigler, Astaldi Construction Corp. abandoned four large road and bridge construction jobs in Florida. Astaldi’s surety bondholders were required to find and pay new contractors to perform the abandoned work, which has still not been completed.

Astaldi is now a part of Mobile River Bridge Group and is handling lead operations and maintenance for them. They are one of three companies allowed to compete for the $2.1 billion contract for a toll bridge and road on I-10 over Mobile Bay.

“The Alabama Department of Transportation is getting us into something that we cannot get out of,” Zeigler said. “ALDOT blew a $250 million federal grant application to pay toward the bridge. They are dead-set on charging tolls to cross Mobile Bay. Now, I find out that one of their short-list companies walked off four projects in Florida.”

Astaldi’s parent company, the Astaldi Group, filed for bankruptcy in October.

Read more: https://www.alreporter.com/2019/06/25/zeigler-one-of-the-three-companies-bidding-on-i-10-bridge-walked-off-four-projects-in-florida/
(Alabama Political Reporter)