Puhoi-to-Warkworth PPP roading contract a nil-margin deal for Fletcher

Tue, 17 Apr 2018

By Jonathan Underhill April 17 (BusinessDesk) - Fletcher Building says the company is currently making zero profit from the Puhoi-to-Warkworth roading contract it holds as part of the NX2 consortium. The motorway is part of the Pūhoi to Wellsford Road of National Significance initiated by the previous government. Under a PPP contract the group will finance, design, construct, manage and maintain the motorway for the 25 years that will follow the expected five year period to build the motorway. The consortium is made up of Fletcher, Ac...

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