The Northborough-Southborough Regional School District will be paid $2.35 million as part of a settlement reached yesterday with Framingham-based Eastern Contractors Inc. and United States Fidelity and Guaranty Co., said a statement released by the district.
The district fired Eastern Contractors for nonperformance in December 2005 on a $60 million renovation project for Algonquin Regional High School after the project was delayed.
Eastern Contractors filed suit against the district in response. The district and the companies have now dropped all litigation in the dispute.
-- John Dyer
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