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$50m payout?

$50m payout? Hal Gollop. (FP)

Wed, October 24, 2012 - 12:10 AM

A prominent attorney at law has warned Government that if it fails to proceed with the $44 million new Barbados Water Authority (BWA) headquarters it could find itself having to pay out over $50 million in damages and other costs.

Attorney Hal Gollop has written a detailed letter to the chairman of the BWA, Dr Atlee Brathwaite, copied to the Minister Responsible for Water Resource Management Dr David Estwick, stating the outcome if Government ceased the construction that has been ongoing for the past 11 months.

In the letter dated October 8, which was obtained by the MIDWEEK NATION, Gollop explained that the purpose of his opinion was “to assess the legal consequences and implications of the failure or inability of the Government of Barbados, through its agent, the Barbados Water Authority, to proceed with the completion of the project”.

Pointing to the relevant law, he noted that the Government of Barbados through the BWA would be liable to the contractor, the arranger of finance and all other consultants in damages, should it fail to have the project completed.

Please read the full story in today’s MIDWEEK NATION, or in the eNATION edition.

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Posted by Richard Johnston 2 years ago
Perhaps further description of the basis of his declaration is called for in this otherwise informative story.

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