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: The Trade Secrets Vault

Comptroller's Web site posted Caithness' $1.49B cost

By MARK HARRINGTON While an attorney in his office last month sided with LIPA and Caithness in their refusal to disclose costs tied to a new Yaphank power plant, state Comptroller Thomas DiNapoli had already let the cat out of the bag. That's because a public Web site called OpenBookNewYork.com already posted the $1.49-billion contract value of the plant along with hundreds of other contract costs for LIPA. That appears to be news to Mark Schlosstein, a senior attorney in DiNapoli's office, who wrote to LIPA on Dec. 9 that the comptroller's office determined some cost figures requested by Newsday were "trade secrets" that if released would cause "substantial injury to both LIPA and Caithness' competitive positions." To read the complete article from Newsday please click here.

Full post as published by The Trade Secrets Vault on January 09, 2009 (boomark / email).