Watershed contractor goes bust

THE dispute over the payment of subcontractors at the Watershed has claimed its first victims. Fifty electricians have lost their jobs as a direct result of the Watershed's on going legal dispute.

THE dispute over the payment of subcontractors at the Watershed has claimed its first victims. Fifty electricians have lost their jobs as a direct result of the Watershed's on going legal dispute.

Limerick based electrical contractor Clancy Electrical (Contracts) Ltd who put a picket Kilkenny County Council over unpaid debts owed by the Watershed has gone into liquidation. Clancy Electrical are one of the biggest creditors in the dispute with the Watershed. They are owed over 70,000 euro by the Watershed.

Terry Clancy the managing director of Clancy Electrical said that the Watershed could have paid the subcontractors if they had wanted to but instead they choose to hide behind legal advice.

Dermot Gaynor the CEO of the Waterhed said that they are going through a legal process with Glenman builders in order to establish liability for the costs of replacing the tiles," he said.

"There is no contract between the Clancy's and the Watershed. That is a fundamental point."

The ongoing dispute over the Watershed is rooted in the failure of the builder, Glenman to provide non slip tiles which the watershed insist were specified as part of the contract. The Watershed had to be shut for a period of ten weeks while the non-slip tiles were installed. The legal dispute centres on who is liable for the costs.

The resulting legal dispute has meant that the Watershed company has with held payment form the building contractor Glenman. Glenman has in turn with held payment from the sub contractors all of whom have finished their contracts to the required specification.

Mr Clancy insists that there is a method where by the council could have paid him if they had really wanted too. He said "We canvassed all the politicians and councillors and we asked them to resolve the problem and nothing happened. They did absolutely nothing to help us."

Clancy's Electrical (Contracts) Ltd was 36 years old when it went bust. It is owed in excess of 1m euro by contractors. Mr Clancy said "all those 70,000 euro and 100,000 euro owed by the McNamara's, Pearse's and the rest all add up."