LSM+
08 October 2024
Riga Airport is considering terminating the contract with the construction company "Rere meistari" Ltd for the reconstruction of the technical services building due to the unsatisfactory pace of construction, Riga Airport told LETA October 7.
The airport stressed that the pace of construction is unsatisfactory - seven months after the deadline, the volume of completed works has reached only 56%.
The original contract deadline was set for November 6, 2023. However, according to the contract amendments in force, the current handover date was January 31, 2024.
The airport explains that almost all possible measures have been taken within the framework of the contract to accelerate the construction of the facility. This includes negotiations with the owners of Rere and subcontract managers, tripartite and quadrilateral agreements on direct settlements with the contractors.
However, despite the steps taken, the pace of construction is still unsatisfactory and the airport is also considering terminating the contract and imposing a penalty for late payment.
Read on: Rīga Airport considers dismissing construction firm over missed deadlines / Article (lsm.lv)