The Cayman Islands Government and Tom Jones International Ltd. has settled all claims involving the construction of the John Gray and Clifton Hunter high schools projects,
according to a statement jointly released by both parties Monday morning.
The government and the construction company entered into a binding agreement on Friday, 22 March.
Tom Jones International will receive $400,000 for expenses related to the use of equipment left on the school sites and the return of scaffolding and shoring materials it owned. The government will retain $5.552 million in retention monies, which was money earned by Tom Jones International during the construction project but held by the government, as owner of the project, for an agreed period following the completion of the project.
The legal wrangling followed the disputed termination of the contract between the government and Tom Jones International in 2009.
The construction company walked off the Clinton Hunter site in November 2009 and the government then terminated the contract. The legal fight that followed over payment for the projects led to significant delays for the new high schools’ scheduled opening dates. The Clifton Hunter school opened in September 2012 and the new John Gray High
School is not yet completed.
Click here to read the Press Release
For more on this story, read Tuesday’s Caymanian Compass.
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What a shame that we the people had to pay the money. How could the PPM have done such an act to cause this on the people of Cayman, and to think of it they have the nerve to arrest Bush. All of them should be held accounted.
Hunter – Is it possible for you to think objectively? The contract with TJI was terminated by the UDP govt. a few months after it came to power. Why would the ensuing lawsuit and damages have anything to do with the PPM? And what does a civil suit for breach if contract have to do with arrest and charging for criminal offences?