Problem National Grid contract costs Costain £43m

By Dave Rogers2022-02-24T08:09:00

Payment follows complicated adjudications process

Costain has said it will have to shell out more than £43m to National Grid following a series of adjudications rulings in the wake of its dispute with the utility giant on a gas compressor scheme in Cambridgeshire.

The firm left the Peterborough and Huntingdon scheme last summer and under a range of scenarios had either been expected to collect £50m or pay out more than £57m.

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