Snipped extracts from a LA Times
article today regarding funding for the remaining People Mover costs [
full article may be behind a paywall for some readers]
:
_
_Los Angeles World Airports staff will ask the board of commissioners Thursday to approve $400 million more to settle claims over the delayed project at LAX, according to a board agenda released
Monday. If approved, officials expect the project to finish construction Dec. 8, 2025.
The project is about 95% complete, but disagreements between the airport and contractor LAX Integrated Express Solutions, or LINXS, over timeline, compensation and production led to significant delays.
That increase would also require approval from the Los Angeles City Council.
“Resolution of claims now will provide LINXS the necessary cash flow and incentive to ensure schedule certainty,” the board report states. If the allocation is cleared, the Automated People Mover budget would increase from $2.9 billion to $3.34 billion.