Construction provisions remain contained despite SkyCity disaster: Fletcher

Wed, 06 Nov 2019

Fletcher Building says it remains within the construction provisions announced in February 2018 despite the impact of the SkyCity International Conference Centre project fire."Fletcher Building is working to determine the impact of the NZICC fire on the project's delivery timeline and costs, the timing of insurance proceeds and project cash flows and any potential impact on the construction provisions," the company says in a statement.Fletcher, the lead contractor on the SkyCity project, announced $660 million of additional provisions on its ma...

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