The High Court hears that steelwork contractor Hollandia expects its final bill to be nearly 拢130m, on top of the 拢60m already paid to original subcontractor Cleveland Bridge.
Multiplex's steelwork bill for Wembley stadium is likely to come in at nearly 拢200m, it emerged today.
The original steel subcontractor Cleveland Bridge has already been paid 拢60m and the High Court today heard that its replacement Hollandia has received 拢95m for its work to date and expects its final bill to be nearly 拢130m.
Completing his evidence this morning, Multiplex Ranald McGregor was asked what Hollandia's work had cost to date since it replaced Cleveland Bridge in June 2004.
"I believe it's above 拢100m," he said.
Hollandia's project manager for Wembley Kees Van Rooijen was the next witness and he told the court that Hollandia had so far received about 拢95m from Multiplex for steel erection work.
He added that the final bill would also include approximate figures of 拢10m for engineering, 拢4.7m for the moving roof, 拢5m for the fixed roof, 拢3m for purchased items and 拢10m for variations, a total of 拢127.7m.
When added to Cleveland Bridge's bill, this would bring Wembley's steelwork costs to 拢187.7m.
Mr Van Rooijen also revealed that Hollandia's original cost-plus deal with Multiplex had now become a fixed-price arrangement for the remaining works on site, including the removal of temporary steelwork.
