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Staff outlines invoices, milestone payments and developer payments totaling about $132 million to date

Metro Flood Diversion Authority Board · January 23, 2026
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Summary

Project staff said BNSF has submitted many invoices, Series A 80% milestone payments are being processed, previous statements of principles covered $20 million and developer change requests total about $7 million; staff reported around $132 million paid to the developer by year‑end.

Project staff provided an overview of contractor invoices and milestone payments. Paul said BNSF "has submitted and we have processed 142 invoices from them," and described that the project is processing Series A invoices that correspond to 80% payments…

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