The consortium of Amtrak and Bombardier/Alstom announced Wednesday the settlement of all current legal disputes associated with the $1.2 billion U.S. high-speed rail program delivery.
The program covered delivery, performance and maintenance of 20 high-speed Acela Express trainsets for a 10-year period.
The purchase of 15 additional high-speed electric locomotives and the construction of three new maintenance facilities were also included in the program.
Under the agreement, the parties will drop all claims against each other relating to the program and the consortium will be entitled to receive up to $42.5 million against approximately $70 million that Amtrak previously withheld.
In addition, Amtrak will assume responsibility for the trains' maintenance in October 2006.
In November 2001, Bombardier filed a lawsuit against Amtrak in the U.S. District Court for the District of Columbia seeking damages in connection with the high-speed rail project.
Amtrak then countersued, seeking its own damages in connection with the project.