NZTA stumps up another $208.5m to finish Transmission Gully in 2021

Fri, 21 Aug 2020

The New Zealand Transport Agency will pay another $208.5 million to make sure the Transmission Gully highway north of Wellington opens next year, taking the total cost to $1.25 billion. And if the CPB Contractors and HEB Construction joint venture can’t meet the Sept. 27, 2021 deadline, they will face penalties of $250,000 of liquidated damages for every day overdue. The deal has been the subject of much legal wrangling since the covid-19 pandemic exacerbated long-running problems that beset the project. Work stopped in late March – th...

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