Fletcher in $31 mln dispute with ministry over Greymouth hospital

Tue, 15 Oct 2019

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...

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