Tag: Petrowest

Site C contractor consents to receivership, raising more questions on project contract & bids

It was over a year ago that I first reported on the difficulties facing Site C contractor, Petrowest… and the oddity of the company being qualified to even be awarded a contractor. https://lailayuile.com/2016/03/02/site-c-consortium-member-petrowest-has-waiver-extended-by-lenders-until-march-31-2016/ In November 2015, the BC Government and BC Hydro awarded a $1.5 Billion…

Site C consortium member Petrowest has waiver extended by lenders until March 31 2016

**UPDATED BELOW Here’s a little something interesting to gnaw on while I’m working this other story. In November 2015, the BC Government and BC Hydro awarded a $1.5 Billion contract to the Peace River Hydro Partners, of which Petrowest Corporation is included. http://www.alaskahighwaynews.ca/regional-news/site-c/1-5-billion-site-c-civil-works-contract-awarded-to-peace-river-hydro-partners-1.2119419 Yet curiously…