SkyCity expects $39.5 million from Fletcher Building in compensation for building delays

SkyCity expects $39.5 million from Fletcher Building in compensation for building delays

It was in constructive talks with construction company Fletcher Building over the delays to the two Auckland projects, but expected Fletchers to have to pay total compensation of just under $40 million because of the delays.

Of that money, $30 million was to compensate for losses caused by the conference centre delays, with another $9.5m due for losses caused by delays to completing the hotel, SkyCity said.

Thousands of bookings at the convention centre, which was due to open this month, would now be reviewed as a result of the continued wait for it to open.