Interim ruling provides basis for completing the Wilhelmina Lock Project in Zaandam
Joint Heijmans and Province of Noord-Holland press release
31 October 2017, 17:37
Neither the Province of Noord-Holland nor Heijmans could have foreseen the cause of the problem with the lock's design. This is the interim ruling of the Arbitration board for the building industry (RvA: Raad van Arbitrage voor de Bouw) in a dispute about the Wilhelmina Lock Project in Zaandam. This interim ruling offers a basis for the joint completion of the project.
The provision Heijmans took in the 2016 financial statements seems adequate; the exact financial consequences will be worked out in more detail in the coming period. Both parties will continue to make the necessary efforts required to resume construction as quickly as possible.
A difference of opinion about the technical implementation and planning of the project arose in 2014. After mutual discussions about the design, progress and construction did not produce the desired result, Heijmans and the Province of Noord-Holland decided to submit the situation to the Court of the Arbitration board for the building industry in the Netherlands.