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Warning on losses by tunnel builders

Language: English Series: Financial Times ; 14 October 1991, 10Publication details: 1991Subject(s): Summary: Five construction companies building the Channel Tunnel are prepared to stop work unless the dispute for additional costs is settled. Eurotunnel is refusing to increase the agreed sum under a lump-sum contract until claims for additional payment are submitted whilst contractors including TML insist they are unable to present detailed claims until completion. Eurotunnel is seeking an injunction to prevent TML from stopping work on the installation of a cooling system in the tunnels.
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Item type Current library Call number Copy number Status Barcode
News article London News article WB2740-04 (Browse shelf(Opens below)) 1 Available 13701-1001

Five construction companies building the Channel Tunnel are prepared to stop work unless the dispute for additional costs is settled. Eurotunnel is refusing to increase the agreed sum under a lump-sum contract until claims for additional payment are submitted whilst contractors including TML insist they are unable to present detailed claims until completion. Eurotunnel is seeking an injunction to prevent TML from stopping work on the installation of a cooling system in the tunnels.