Statement from CRL Ltd re RCR Tomlinson Administration
Update 9.00am 05 December 2018
City Rail Link Ltd (CRLL) met with the administrators of RCR Tomlinson in Australia late last week.
The administrators have confirmed that they are undertaking a trade sale of RCR Tomlinson.
They also confirmed that they have a number of interested parties and that indicative bids are due pre-Christmas.
RCR Infrastructure (NZ) is not in administration.
It continues to be part of the Interim Project Alliance Agreement to deliver the design for the project’s C7 Contract.
CRLL is taking a prudent approach and continues to plan for a number of contingencies with regards to the construction of the C7 Contract.
CRLL will continue to provide updates as this process evolves over the coming weeks.
City Rail Link Limited CEO Sean Sweeney