One of the reasons that we’re going through the claim process is to
determine what the claim would be. Currently we know, one thing we do know is that the majority of the potential claims would be in the future. I
t’s
something that would be looked at as year three and year four construction winds down. So, what we’ve done is we’ve divided the potential claim. There is actually no claim yet, but the potential claim has been divided in two. It’s $12 million for the construction to date. That’s what we’re engaging in now. The $20 million potential claim is for the coming construction.
What’s happening now is the project company is indicating that there is potential. If the weather is similar to what the weather has been in the last two years, there’s potential for a claim on the last two years of construction for $20 million. But what we’re looking at currently and what we’re meeting with the project company today on is the $12 million that has become an issue for them to date. So, the construction to date. That is not yet a claim and may not be a claim if we’re able to work with the company to get the construction going and using the money that’s approved in this House to continue construction. They mainly need to start construction and that’s what we are hoping to do now.
After October 8th , I’m hoping that there is no
requirement for a decision, but nothing is going to happen in the $232 million, that’s for sure. We’re hoping that we can have a decision on the $12 million before the 8th . If we don’t, we’re hoping to
have a decision before the 26th when the writ will
drop. Thank you.