Settlement between the Norwegian Parliament (Stortinget) and Multiconsult ASA
Multiconsult and Stortinget have reached a settlement in the legal dispute over Multiconsult’s services to Stortinget in the Prinsens gate 26 construction project.
Stortinget’s director Marianne Andreassen and Multiconsult’s CEO Grethe Bergly are satisfied that both parties can now put this case behind them.
It has been a challenging project, with important learning points for both parties.
In the settlement, Multiconsult will partly pay compensation to Stortinget and partly give a price reduction on the fee charged for their services in the project. The settlement is NOK 55 million in total.
The settlement is expected to have a negative impact of approximately NOK 20 million on Multiconsult’s second quarter 2019 result.
For further information, please contact:
Gaute Christensen, VP Communications
Phone: +47 911 70 188