Lock Out Agreement

[Springfield Quark]

What are the terms of the Lock Out Agreement?

We are told that one company has been given a Lock Out Agreement which makes it the only company working on the ground project. Surely there must be some items in that agreement which protect each side? There is considerably expensive work to be done before the first brick is laid, involving lawyers, accountants, planning experts, architects etc. Does the agreement cover the entire project, including building the ground? If the agreement covers everything then presumably a total price has been agreed. But how can a price have been agreed when there are so many of what a former American Secretary of Defense, (yes Defense, Donald Rumsfeld) categorised thus "there are known knowns; things we know we know, there are known unknowns; we know there are some things we do not know, there are also unknown unknowns; things we don't know we don't know".

So how can an overall price for the entire project have been agreed? But if

[griff]

[quote="Springfield Quark".

Can anyone explain this?[/quote]

I don't know.

[Nevermore666]

How's the little 'un Griff?

[griff]

He's ok Beast, ta for asking. Happy la'al chap, but eating a bit less than they'd like. He has a milk protein allergy and had a UTI on top of it all, and now he has a cold. And he just sits there and laughs.

[Nevermore666]

Glad to hear it.

[griff]

Glad to hear it.

Ooh look. You can now quote.

[FellowTraveler]

Sounds like Donald Rumsfeld wrote that.

[Nevermore666]

Glad to hear it.

Ooh look. You can now quote.[/quote]

Glad to hear it.

[Qwertyyoop]

For the more cynical on this board, could there possibly be any connection between the lock out agreement, and Fred waiving the 1Mil plus debt.

[Piglet_Phoenix]

"No strings attached"

You could interpret that phrase several ways.