DES MOINES, Iowa — The company that rebuilt the Grand Avenue bridge is fighting to get money it says it is owed.
Jenco Construction finished work on the bridge last December, nearly three months late.
Its contract with the city of Des Moines stated the company would be penalized $5,000 per day for delays. Based on the delayed opening, Jenco could have been penalized up to $470,000.
The city is now withholding $350,000 in liquidated damages.
If Jenco appeals the city’s decision the process could take several more months.