Fletcher loses fight with Commercial Bay subcontractor

Wed, 09 Sep 2020

Fletcher Building has lost a multi-million dollar fight with a Commercial Bay subcontractor in a ruling that will influence how the entire sector interprets construction contracts.The country's biggest listed construction company hired Downer subsidiary Spotless Facility Services for the $1 billion Precinct Properties’ project, but the parties ended up in the High Court after a dispute over payments.In a decision, which clarifies how standard form construction contracts should be interpreted, Fletcher must pay Spotless more than $2 mi...

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