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An increasing number of delays and cost overruns by Bombardier has shut out the Quebec firm from a $3.2-billion contract with New York City’s Metropolitan Transit Authority.

The company confirmed on Tuesday that its proposal for a contract to construct up to 1,695 subway cars for the MTA is no longer under consideration.

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“We are extremely disappointed as we spent considerable time developing an innovative solution that included world-class subway cars, an attractive delivery schedule, a competitive price and the creation of U.S. jobs, many in New York State,” said Eric Prud’Homme, the head of public relations and communications for the Americas region at Bombardier Transportation.

In an internal memo, Benoît Brossoit, the president of Bombardier Transport for the Americas, is quoted as noting that “our poor performance and serious delays … sealed the fate of our bid. Our actions exacerbated an already difficult transit situation in New York, and our client’s decision shows that the market is no longer disposed to accept delays in performance and to submit to the consequences of our actions.”