Anchorage reaches settlement with key contractor in port lawsuit

A key contractor in the botched Port of Anchorage expansion project has settled with the Municipality of Anchorage for $3.75 million, clearing what one city attorney described as a roadblock to other settlements in the case.

Integrated Concepts and Research Corp., a subsidiary of the Virginia-based engineering and technical services corporation VSE Corp., filed a settlement notice Thursday in U.S. District Court.

ICRC was the construction project manager in the expansion project, which cost more than $300 million and left Anchorage with a dock that couldn't be used.

This is the fourth settlement reached in the port litigation, but ICRC is at the center of the web of contractors.

Read more: https://www.adn.com/alaska-news/anchorage/2017/01/26/anchorage-reaches-settlement-with-key-contractor-in-port-lawsuit/