Contractors building Sydney’s CBD light rail project can only be held to account for two weeks of delay under the contract signed with the NSW government, a parliamentary inquiry has heard.
Transport for NSW representatives revealed on Monday the liquidated damages clause on the contract was capped at 15 days and $7.5 million per zone.
Greens MP David Shoebridge labelled it “insane and incompetent”.
“They’re laughing at you, aren’t they? With a 15 day capping out of liquidated damages, they’re laughing at you,” he told the hearing.