Stefanutti Stocks expects final decision on R1.6bn Eskom claim in Q3

Stefanutti Stocks expects a binding, final decision on its R1.614 billion claim against Eskom related to a Kusile building project to be published by the Dispute Adjudication Board during the third quarter of 2024.

“The quantum experts and DAB are continuing to meet on various matters related to quantum principles and good progress has been made,” he said.The contract was awarded by Eskom to the Stefanutti Stocks Basil Read joint venture . Read: Stefanutti Stocks confident R1.14bn claim for Kusile project ‘accurate’ However, Crawford said interest was not included in the claim and would only be calculated once the contractor’s entitlement had been quantified.Crawford said the group commissioned the final commissioning work for the project during March, and the closing out of final snags and contract documentation is expected to be completed by the end of May.

Crawford said there is an element of overlap between certain Claim 5 events, the effects of which have an impact on the critical path with respect to Claim 6’s period.Another dispute

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Stefanutti Stocks’ R1.6bn claim against Eskom expected to be resolved in Q3The group is also involved in a dispute with Eskom related to another Kusile Power Station project, Package 28.
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