Monday, October 20th9.2°C
23836
22646

Failed navy supply ship bid costs Harper government up to $8 million

OTTAWA - The Harper government paid as much as $8 million to settle legal claims arising from the first failed attempt to build new supply ships for the navy.

One of the companies that received payment has since been hired to work with Vancouver-based Seaspan Shipyards to provide the design for the new program, which hopes to deliver vessels by 2018-19.

The bid to replace the navy's two existing replenishment ships has been long and fraught with complications.

The first program was started in 2004 by Paul Martin's Liberal government, but it was shut down in 2008 when the bids exceeded the Harper government's cost limit.

It has now been incorporated into the new national shipbuilding strategy and relaunched.

However, National Defence documents obtained under the Access to Information Act show the existence of a previously unknown litigation fund related to the first failed procurement.

A spokeswoman for the Department of Public Works confirms one of the bidders, ThyssenKrupp Marine Systems of Germany, filed a statement of claim that was quietly settled through negotiation.

The Canadian Press


Read more Business News

23708


Recent Trending




Today's Market
S&P TSX14227.68+174.71
S&P CDNX810.1318.20
DJIA16380.41263.17
Nasdaq4258.438+41.047
S&P 5001886.76+24.00
CDN Dollar0.8879+0.0015
Gold1246.10+7.10
Oil81.78+0.16
Lumber334.60-0.60
Natural Gas3.696-0.07

 
Okanagan Companies
Pacific Safety0.10-0.01
Knighthawk0.01-0.005
QHR Technologies Inc1.11+0.06
Cantex0.08+0.02
Anavex Life Sciences0.19-0.0015
Metalex Ventures0.05+0.005
Russel Metals32.35+0.87
Copper Mountain Mining1.94+0.09
Colorado Resources0.15+0.005
ReliaBrand Inc0.013-0.0028
Sunrise Resources Ltd0.060.00
Mission Ready Services0.45+0.06

 





FEATURED Property
18003041113 Parkbluff Lane, Kelowna, BC
6 bedrooms 8 baths
$3,295,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Keep it rubber side down

This time of year, I always worry about which friends of mine will get caught going off the road in adverse weather conditions. With a little preparation most accidents can be avoided. Having won the...


Big bank predicts rate hike

Photo: Thinkstock.comThe end of record-low rates is nigh, according to one major bank, which has taken a stance and predicted when the Bank of Canada will raise its long-standing overnight rate. &ldq...


Experts share strategies in Kelowna

The third week in October is “Small Business Week”, a week dedicated to supporting local, small businesses. The week was designed to bring awareness to Canadians about the role small busin...

_





23803


Member of BC Press Council


22496