A Toronto area contractor at the center of a series of delays to major projects in Ontario, including a $139-million hospital expansion, has won court protection from its creditors. The Ontario Superior Court earlier this month granted Bondfield Construction Co.’s application for protection, court records show.

剑桥纪念医院的240,000平方英尺扩张的贷方在12月降低了两年的计划后,取代了该项目。分包商已经停止出现工作,抱怨他们不再付款。

Lenders called the insurance bond on the project, posted by Zurich Insurance, to gain access to funding needed to complete the project.

根据法院命令授予承包商破产保护的法院命令,法院还从苏黎世批准了多达800万美元的债务人融资。

医院发言人说,邦德菲尔德仍在现场工作,但是有可能将另一个承包商带入该项目的最后阶段,这涉及对现有建筑物进行翻新。

Bondfield is the main contractor on up to $740 million in projects across Ontario. At least two others also have fallen behind schedule.

承包商的努力配合大苏尔ge in losses at Zurich, which fielded more than $400 million in Canadian claims in the fourth quarter of 2018, said Greg Petrela, president of construction insurance broker Petrela, Winter & Associates, citing filings to the federal agency that regulates federally registered banks. insurers, trust and loan companies, as well as private pension plans subject to federal oversight.

他说,总数是他在加拿大意识到的最大债券违约。他说:“看起来像是迄今为止加拿大担保债券行业中最大的债券索赔,并被俗话说。”

邦德菲尔德(Bondfield)的两个单位在12月在主要医院项目的工作中进入接管。18luck官网

邦德菲尔德还参与了与市政官员在多伦多联合车站改造的工作的争议。官员们声称该项目的延误和预算超支。

该公司从事业务大约四十年,拥有330名员工,近年来从事大量新工作,其中包括三个主要的医院项目。18luck官网

邦德菲尔德总统约翰·阿基诺(John Aquino)在一份法院宣誓书中说,去年已针对该公司或其董事会提起了200多起诉讼,与无偿潜水艇或违反合同有关。

Aquino attributed the firm’s financial issues in part to its inability to raise new financing after an $80-million credit facility matured last year.