The MTA is seeking cuts to its contracts with vendors, but firms say the demand will make them work for nothing or at a loss
Design and engineering firms have told an industry group they are considering walking away from contracts with New York’s Metropolitan Transportation Authority after the agency demanded that dozens of vendors cut bills by 10%.
The state-controlled MTA sent letters to certain vendors during the first months of this year, demanding the cuts to existing contracts as part of a cost-reduction program to stem a projected budget deficit in 2022 of $1 billion. Design and engineering firms say the demand forces companies to work for...
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