Problem National Grid contract to cost Costain up to £53.5m

By Dave Rogers2021-12-13T09:59:00

But firm expects to reduce amount of money it will have to shell out after winning parts of complicated adjudications process

Costain has said it will have to shell out 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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