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November 22, 2011

Fight Over Cost Overruns Could Delay Opening of 9/11 Museum

The planned Sept. 11, 2012, opening of a museum dedicated to the 9/11 terror attacks is likely to be pushed back amid a fight over responsibility for tens of millions in cost overruns, says The Wall Street Journal, citing people familiar with the dispute.

The Port Authority of New York and New Jersey, which is building the museum at the World Trade Center site, says the foundation behind the project owes it $156-million for unexpected construction costs. The foundation denies it is at fault for the overruns and is seeking $100-million as compensation for delays in the work.

Construction has slowed since September when the Port Authority stopped approving new contracts and extending existing ones, sources told The Journal. The two sides are negotiating conditions for arbitration of the dispute, and representatives for all parties, including New York City, expressed confidence that it would be resolved.