Acciona has estimated that it is exposed to liquidated damages of up to $147 million if it is late in completing the project. Under the most recent timeframe,the contractors do not expect to complete the line until March 2020,a year later than promised.
The rest of Acciona's $1.1 billion claim for losses is based on costs such as $679 million to complete construction of the line and $175 million in overheads and management expenses.
But Transport for NSW said Acciona appears to have claimed all of its projected loss on the light rail construction “irrespective of whether that loss was caused by its own failures to properly resource,program and complete the project works”.