The Metropolitan Transportation Authority wants 10% off current contract work.
Faced with a looming $1-billion operating deficit by 2022 and the need for costly capital projects, New York City’s primary transportation agency is seeking a 10% fee cut on current projects from hundreds of engineers, technical advisors and other vendors.
Construction-related associations have protested as a group. Individually, each company has been deciding whether to continue to work for the Metropolitan Transportation Authority on the new terms.
