Fletcher in $31 mln dispute with ministry over Greymouth hospital

Fletcher in $31 mln dispute with ministry over Greymouth hospital
Victoria Young
Fletcher Building is in a $31 million contractual dispute with the Ministry of Health over the unfinished, overbudget $77.8 million Grey Base hospital in Greymouth.  The NZX-listed construction company won’t talk about the dispute “due to the confidentiality requirements of our contracts,” but the matter was disclosed in the government's June 2019 accounts as a contingent liability.  Fletcher was awarded the contract for the 8,500 square metre, 56-bed hospital in 2015 and it was due for completion in 2018.   The dispute is likely to pl...

More Property

Govt to ‘flood’ cities with more housing by liberalising planning rules
Property

Govt to ‘flood’ cities with more housing by liberalising planning rules

Housing Minister Chris Bishop will on Thursday unveil the Government’s plan to “flood the market’ with land for development in a bid to end New Zealand’s housing crisis.Bishop will use a speech to the Real Estate Institute of New Zealand today to announce a slew of changes to NZ’...

Staff reporters 04 Jul 2024
Anglicans get permission to demolish Parnell lodge
Property

Anglicans get permission to demolish Parnell lodge

The property is across the road from one of the most luxurious developments in NZ.

Oliver Lewis 04 Jul 2024
Property operator will negotiate with Italian restaurateur
Property

Property operator will negotiate with Italian restaurateur

Stride's CEO says the landlord won't be silly over a lease dispute with Portofino.

Maria Slade 03 Jul 2024
Death of Fiji plot accused leaves Karaka subdivision up in the air
Property

Death of Fiji plot accused leaves Karaka subdivision up in the air

Records for the project company are nowhere to be found after Ballu Khan's passing.

Maria Slade 03 Jul 2024