Costain to take £45m hit after A465 project decision

a465

Arbitration ruling in favour of the Welsh government

A long running dispute between Costain and the Welsh government over problems affecting the construction of the A465 Heads of the Valley road has been resolved, with the contractor set to lose £45m as a result.

In a statement released today, Costain said: “The Welsh Government had escalated a specific matter under the dispute resolution mechanism in the Contract relating to the responsibility for design information for a specific retaining wall and whether it qualified as a compensation event.” 

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