So far, this is the only result of mediation to be made public.
Following the mutually agreed appointment of an independent mediator, Michael Shane, intensive meetings took place from 8 - 12 March with all relevant parties represented. In the two months since, positive dialogue has been maintained, the council says.
A key outcome of the process has been that the parties have set aside their differences in respect of Princes Street and the infrastructure contractor, Bilfinger Berger and Siemens (BBS) has agreed that it will carry out a programme of remedial works to repair the road surface. The works will be carried out in two stages: from 3 July - 26 November and then from January - May next year. The contractor is bearing the cost of this.
Other works on Princes Street will also be undertaken including erecting street lighting and remaining overhead line equipment poles and work around the tram stop.
Bilfinger Berger Civil UK project director Martin Foerder said: "There are a number of outstanding elements still to be undertaken on Princes Street and by doing these now we are also able to repair the road surface.
"Bilfinger Berger, Siemens and CAF are committed to working with partners in Edinburgh to deliver a tram system for the city and have already completed a number of significant structures as well as the building of the tram vehicles."
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"I look forward to being able to announce shortly the plans for the remaining works still to be undertaken which will see trams running from the airport to the city centre."
Vic Emery, chair of client Transport Initiatives Edinburgh, said: "It was vital that the momentum of the project was restored. All parties involved are in agreement that, through the mediation process, good progress has been made in identifying the key issues that lay at the heart of the dispute, and a measure of goodwill has been re-established.
"The next step is to finalise the revised plans for the delivery of phase 1a, including projected costs and programme, and this will be shared with all relevant parties including Transport Scotland and the Scottish Government before being made public in due course."
Leader of the City of Edinburgh Council, Cllr Jenny Dawe, said: "Without question there is a difficult period ahead, however I am still of the belief that a tram network which expands over time will be of enormous benefit to people living and working in this city for generations to come.
"The programme of priority works along with rectifying the road surface and other works on Princes Street is a sign that we are moving forward. We had hoped to avoid the scenario of a further traffic diversion from Princes Street but having listened to the advice from council officers and the infrastructure contractor I understand why this is necessary. We will work closely with the city's business community to ensure any impact is managed effectively before the diversion is put in place and during the period of works."
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