The massive Gateway Tunnel rail project will likely resume next week after receiving the remaining $205 million in funding withheld by the Trump administration since October, the GatewayDevelopment Corporation (GDC) said Wednesday.
17 — revealed that the Trump administration released another $77 million it had frozen last fall to the GatewayDevelopmentCommission (GDC), which is leading construction on the effort.
The comments come days after his administration paid the first portion of $205 million in reimbursements it owes to the GDC for the project, equalling $30 million ... 6, the date by which GDC officials ...
6, when the GDC exhausted a line of credit it had used to keep construction moving forward since October ... The GDC filed a separate suit in the Federal Court of Claims, alleging that the feds are in breach of contract by withholding the funds.
According to Richards, lawyers for the Trump administration said during the hearing that some federal reimbursements will begin flowing to the GDC next Tuesday ... 6, when the GDC exhausted a line of ...
“This is good news for the HudsonTunnelProject, and we anticipate receiving the $205 million in reimbursement funds from the federal government,” GDC said in a statement ... GDC continues to pursue all ...
HCMC – Global investment firm KKR and Singapore’s Singtel have signed definitive agreements to acquire full ownership of ST Telemedia Global Data Centres (STTGDC), valuing the data center operator at about S$13.8 billion.
The feds have argued the states do not have the right to sue over the pause in funding, as they weren’t directly named in the funding contract for the project, and that the suit filed against the USDOT by the GDC would be enough to grant them relief.