Contractor Sedgman’s additional costs of A$49.9-million related to the Woodlawn base metals project, in New South Wales, has been largely rejected by the contract superintendent.
Sedgman presented project owner Heron Resources with a A$49.9-million progress claim for the Woodlawn project, which was over and above the agreed upon A$109-million guaranteed maximum price engineering, procurement and construction (EPC) contract sum that formed the basis for the construction of the Woodlawn project.