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Prasa’s comments included concerns about the stations it had nominated for the IE to inspect.
“While disagreeing with Prasa’s concerns, the IE nevertheless invited Prasa to propose an extension of the IE’s appointment to allow for additional stations to be inspected (which Prasa could again nominate). Prasa declined to do so,” he said.
Braithwaite said he is of the overall opinion that the ISAMS project was installed according to high standards of technical professionalism by a responsible and competent contractor, using equipment conforming to both the employer’s specifications and to international good practice, at market-related prices.
“Further, the contemporaneous project records (as signed-off by both parties) were found to be highly detailed and reliable and also internally consistent under multiple cross-checks,” he said.
“In short, the project was undeniably well executed and for this, the technical teams from both Prasa and Siyangena should be strongly commended. It is evident that, notwithstanding the legal issues ongoing between the parties at the time, at a working level, the work progressed in a competent and professional manner.”
He added that his valuation was performed using two different and independent methodologies.
“The two approaches yielded overall results within 2% of one another. This close agreement between the different approaches lends credence to the valuation results.”
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