Florida DOT: Company defaults on two Public Private Projects–Wekiva Toll Pkwy, SR 528 projects

he Florida Department of Transportation (FDOT) says it has received official notice that Astaldi Construction Corporation has defaulted on two transportation projects in Central Florida.

The Davie, Florida-based company was responsible for completing a section of the Wekiva Parkway in Seminole County and the widening of a portion of the Beach Line Expressway (State Road 528) from six to eight lanes Orange County.

Astaldi tells FDOT they will be working through four surety companies so that all sub-contractors on the projects have been and will continue to be paid.

“The FDOT is working with the sureties to make sure the most qualified contractors take over the projects as soon as possible. That process has already started,” explained FDOT spokesman Steve Olson. “Both FDOT and the sureties are committed to ensuring there is little to no impact on the projects to get them completed by the respective deadlines.”