Saturday, February 11, 2012

New schedule issued for fabrication and installation of weathered steel exterior panels, but it's unclear how much it's delayed

While Forest City Ratner official has acknowledged a delay, due to a temporary shutdown of the fabricator, in the delivery of pre-weathered steel panels for the Barclays Center exterior, you don't quite get that from the 2/6/12 Site Observation Report by Merritt & Harris, the real estate consultant to the arena PILOT Bond Trustee.

The report, excerpted at right, indicates that Merritt & Harris was told on 1/5/12 that ASI Limited, the Indiana firm "fabricating the curtain wall and pre-weathering the lattice panels," had shut down.

Because the insurer took possession of all inventory, equipment, and materials," the plant reopened on 1/7/12, with 80% of the workers.

However, the plant shutdown was actually around 12/22/11, according to a class-action lawsuit filed by workers who seek unpaid wages and benefits.

There's a new schedule, as indicated in the screenshot at right, which establishes 5/30/12 as the date for final assemblage of such panels, and 7/15/12 as the date for the final installation of such panels.

What was the old schedule? Unclear.



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