Independent journal on economy and transport policy
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The AdSP of the Northern Central Tyrrhenian Party announces that it has received a favorable judgment in the dispute with Fincosit
Compensation of over 140 thousand euros compared to the 50 million requested
December 14, 2020
The institution explained that in the face of a claim for compensation almost fifty million euros, formulated for the delayed testing of the work, the Court of Rome - Business Section - in fact recognized to Great Fincosit Works, on its own and as a group leader of the temporary association of companies that carried out the works, an amount of just over 140 thousand euros, therefore almost completely eliminating the claims of the same association. The AdSP pointed out that the judges' decision determines, as a result, a considerable reduction in the potential volume of the disputes in place and that this is also a important and positive element of novelty on the eve examination of the institution's forecast balance sheet for the year 2021.
"The outcome of this judgment, favourable to our System Authority - commented the president of the institution, Francesco Maria di Majo - demonstrates the correctness of the procedures adopted by the institution. In addition, the small amount of compensation recognized by the court demonstrates the unfoundedness of the claims counterparty compensation and further supports the goodness of the and the correctness of the procedures adopted by the institution in its it is a complex one.'
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The institution explained that in the face of a claim for compensation almost fifty million euros, formulated for the delayed testing of the work, the Court of Rome - Business Section - in fact recognized to Great Fincosit Works, on its own and as a group leader of the temporary association of companies that carried out the works, an amount of just over 140 thousand euros, therefore almost completely eliminating the claims of the same association. The AdSP pointed out that the judges' decision determines, as a result, a considerable reduction in the potential volume of the disputes in place and that this is also a important and positive element of novelty on the eve examination of the institution's forecast balance sheet for the year 2021.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
