Justice Frank Seepersad

Contractor wins claim against PSAEL for contract breach

A High Court judge says the time has come to review the operations of “unregulated runaway horses”, as another contractor has been successful in its multi-million dollar claim against a special purpose state enterprise.

Earlier this morning, Justice Frank Seepersad ruled in favour of Point Lisas Construction Ltd in its claim against the Palo Seco Agricultural Enterprises Ltd (PSAEL) for breach of contract. The quantum to be paid by PSAEL is still to be worked out, however, but it is expected to range between $15 million and $23 million.