Tag: escalation

Follobanen project cost increases and timeline escalates, Norway

Bane NOR has announced an increase in the project cost by 7.7 per cent and a delay in the timeline of the Follobanen/Follo Line by one year due to the cancellation of two engineering, procurement, and construction (EPC) contracts with Italy-based construction contractor Società Italiana per Condotte d’Acqua S.p.A (Condotte).

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Follobanen project cost increases and timeline escalates, Norway

Bane NOR has announced an increase in the project cost by 7.7 per cent and a delay in the timeline of the Follobanen/Follo Line by one year due to the cancellation of two engineering, procurement, and construction (EPC) contracts with Italy-based construction contractor Società Italiana per Condotte d’Acqua S.p.A (Condotte).

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