Re: Re: well what about the developments popping up in the shannonside ?
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MAIN DRAINAGE COSTS (Limerick Leader)
By DAVID HURLEY
IT HAS been revealed that the Limerick main drainage project has now cost the taxpayer in excess of â‚¬80m â€”more than â‚¬70m above the original budget.
In its annual report for 2006 the Comptroller and Auditor General, John Purcell, examined the reasons for this and he identified 28 key dates up to September of last year.
Mr Purcell found that Uniform Construction Ltd, which secured contract 4.2, worth â‚¬9.5m, in May 2000 had offered the city council a chance to sever ties with it in 2003 for a sum of â‚¬12.4m.
This was after difficulties developed between both Limerick City Council and Uniform due to tunnelling problems that caused road collapses, delays and overruns.
The city council opted against settlement and instead went through the conciliation and arbitration processes. After losing on both occasions the Council then took it’s case to the High Court before eventually running up compensation and legal bills totalling â‚¬83m. 😮
26 September 2007