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Castle Hayne contractor's bankruptcy delays Onslow Co. bridge

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RALEIGH, NC (AP) -- North Carolina transportation officials say work has been halted on a bridge replacement in Jacksonville.

The Transportation Department said Monday that the contractor for the Buddy Phillips Bridge is working with the United States Bankruptcy Court to restructure the company.

The state agency said Intercoastal Contracting Inc., of Castle Hayne is working with the court to develop a plan to complete active projects.

The transportation department said if Intercoastal Contracting is unable to resume work, the agency will work with the bonding company, Liberty Mutual Insurance Co., to find a replacement contractor.

Transportation department officials say the replacement project was about 20 percent ahead of schedule. The agency says it thinks the July 22 completion date can be accomplished.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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