The letter from the contractor to Scott in relation to the lockdown costs says it notes “your recent offer to the JV was approximately $0.3m despite the JV incurring more than $1m in costs during the suspension period”.
MARTIN DE RUYTER/STUFF
The cost of the Waimea Community Dam project increases again by an estimated $29 million. Video first published on February 25, 2021.
Asked by
Stuff to explain reason for the difference between the figures mentioned in the contractor’s letter and $11.2m, Scott said the two were “not for the same thing”.
“The claim from the contractor is just one part of the $11.2m Covid cost,” Scott said. “There are a number of other Covid-19 related costs to the project, such as costs related to delays and procurement costs. The $11.2m not only includes contractor, company and time costs already incurred or are imminent, but also includes prudent contingencies for potential probable costs that have not yet been incurred, such as procurement and supply chain impacts.”