Dragados was holding up other parts of the massive project, according to the watchdog agency covering the MTA.
The holdups were causing backups for the entire undertaking, because other contractors couldn't begin work on some sections until Dragados had finished its work and cleared the area.
The MTA's reduction of Dragados' work could save money since construction companies, which now must bid for the Grand Central excavation work, are so competitive in today's economy. The move is expected to shavemore than two years off the excavation deep beneath Grand Central Terminal, a key element of the largest infrastructure project in MTA history.
The excavation work was once slated to be finished by this summer. But last fall, contractor Dragados told the MTA it didn't expect substantial completion of work until as late as 2015. In a newly restructured system of incentives and penalties, Dragados could now be docked as much as $49.5 million for future delays on its outstanding work, but could reap as much as $16 million in incentives if it finishes the digging on the main tunnel by August of 2013.
The MTA has told the federal government this East Side Access program will be completed sometime between June of 2016 and April of 2018. But no one will commit to that date because there are so many factors like Amtrak building under the East River near where the MTA tunnel is.
That project involves replacing all of the tracks inside the four East River tunnels which could take up to four years and is being staged from the same Long Island City rail yard used for the East Side Access project.
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