METS

Lycopodium stays clear of 'unreasonable' contracts

INTERNATIONAL engineering contractor Lycopodium has knocked back as much work as it currently has on its plate due to persistent “unreasonable conditions” in contracts, company founder Mick Caratti told the company’s 2018 annual general meeting.

Richard Roberts

Mick Caratti (second from right): "We were seeing a lot of contracts with those unreasonable conditions"

Mick Caratti (second from right): "We were seeing a lot of contracts with those unreasonable conditions"

Caratti, alluding to contracts that have caused fellow engineering and construction groups much grief over the past 12 months, was speaking on the morning ASX-listed RCR Tomlinson fell into administration....

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