MAHB takes KLIA2 contractors to task

PETALING JAYA: The delays plaguing the completion of KLIA2 is the result of the non-delivery of parts of the project by contractors, leading Malaysia Airports Holdings Bhd (MAHB) to come out to say that it would impose liquidated and ascertained damages (LAD) on the responsible parties.

While MAHB did not reveal the amount of the LAD being sought, sources told StarBiz that it amounted to some RM4mil to RM6mil for every month of delay. KLIA2’s first targeted date of completion was September 2011, but it isn’t clear what period of time the LADs are being claimed for.