well, i would say, looking at the stuff reported, IBM is liable
to be sued for major damages...
CPF seems to have gone above and beyond what is, as the client, is
contracted to do.. they have allowed IBM to extend the deadline by
a whole year (i would have sued IBM there and then) and still IBM
did not deliver...
it is not a matter of "singapore" or GLC or whatever the hell it is
(so you conspiracy theorists and anti-gabrament fellas - you know
who you are), it is simply about contract law..
IBM quoted (in a tender), an offer was made, CPF accepted, a
consideration was paid, and in the end, IBM totally failed to
deliver even after CPF allowed lots of things (like a 1 year
extension)
IBM is liable for the contract price and damages (if i'm not wrong,
without need for mitigation)