6 June 2013
Malaysia Airports Holdings Bhd (MAHB) has granted an extension to the contractors of the klia2 low-cost airport project, which accounted for all the changes requested from all the stake holders.
MAHB said that the cause for the delay, despite repeated commitments, was due to insufficient resources to complete the work according to its programme and deadline.
“However MAHB is of the view that there is no justification for any further extension and therefore Liquidated Ascertained Damages (LAD) will apply,” the company said in a statement on Wednesday.
It was reported MAHB had announced that through Bursa Malaysia Securities that it had decided to impose LAD on klia2 contractors and any other recourse available to the company under the contract on May 29.
In May, MAHB also confirmed that the delay in opening of the new low cost-carrier terminal, klia2, scheduled for June 28.
A number of Pakatan Rakyat MPs had blamed MAHB for the delay in the klia2 and urged the company to take full responsibility of the increase in cost for the project.
MAHB said that at this stage a new date cannot be determined until a detailed work programme and resource planning by the affected contractors could be scrutinised by the Project Management team and consultants, which have yet to be submitted to date.
“This is to enable MAHB to be convinced that there will be no further slippages on the committed date of completion as had happened in the past.
“We would also like to confirm that at this point all variation orders have been addressed and as of now with the overall project being 90% completed, the cost is still below RM 4 billion,” said MAHB.
Source: biz.thestar.com.my
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