Press release from the Council
Following a mediation and extensive three way discussions between Bath & North East Somerset Council (B&NES); Carillion plc (which acquired Mowlem plc, the main contractor on the Bath Spa project, in February 2006); and Nicholas Grimshaw & Partners ((“NGP”) the project architect), the three parties have agreed to a settlement of the litigation between them over the Bath Spa project.
The settlement agreement provides for net payments to be made to the Council towards its Spa-related costs by both Carillion and NGP. The payment by Carillion takes account of its own financial claim against B&NES.
All three parties agree that the settlement reflects a sensible recognition of the costs and uncertainties associated with pursuing litigation.
Finally the Millenium project has finished.
It is really good news that all three parties can now move on. The Spa has been a success since its opening and has undoubtedly been one of the factors in maintaining Bath’s economy in a more buoyant mood than many other cities around the country.
You can read The Chronicle report HERE
Thermae Bath Spa – visitor value to
(Additional spend in the local economy by people whose primary reason for coming to
· This income is income which would not have come to the local economy without Thermae Bath Spa.
· The figures do not include the money spent by Thermae Bath in the local economy (ie local butchers, bakers, florists, marketing literature designers and printers).
· The figures do not include the spend in the local economy of Thermae’s 150 staff.
First year of operations: August 2006 – August 2007
Total additional spend in
Second year of operations: August 2007 – August 2008
Total additional spend in
Third year of operations: August 2008 – August 2009
Total additional spend in