Transmission Gully cost blows out to more than $1b
By Rebecca Howard |
Fri, 14 Feb 2020
The cost of Transmission Gully – a four-lane, 27-kilometre motorway - may blow out to more than $1 billion after the New Zealand Transport Agency agreed to pay the contractor another $190.6 million.Contractor Wellington Gateway Partnership got about half as much as it wanted. It was seeking $352 million from NZTA over delays starting the work. The government’s 2019 accounts noted the size of the claim as a contingent liability and said it "relates to the delays in the commencement of work."The $190.6 million settlement is conditional on th...