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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
3 mins to read

Fletcher won’t confirm or deny $40m cap on Sky City damages

Fletcher wants to stop treating its building and interiors unit like a pariah.

Jenny Ruth
Fri, 27 Apr 2018

Fletcher Building won’t confirm or deny that its liquidated damages on the Sky City convention centre and hotel were capped at $40 million.

Liquidated damages in a construction contract are the amount of money that a contractor has to pay for breaches of that contract, particularly for late

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Jenny Ruth
Fri, 27 Apr 2018
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Fletcher won’t confirm or deny $40m cap on Sky City damages
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