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Tuesday, September 27, 2016
   
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Latest - Capital Radio News

No compensation for the losing light rail consortium

The ACT government will not be offering compensation to the consortium unsuccessful in their bid to build the light rail line.

Provisions within the business case stated the territory MAY in its discretions, consider partial bid cost reimbursements -

However A spokesman for Capital Metro Minister Simon Corbell said the government had informed bidders compensation will not be provided.

The winning bidder - Canberra Metro- was announced last week - leaving other companies competing for the $698 million dollar project disappointed.

 

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