South Sewer Project Now $57 Million, Accuracy +/- 30%

From the Regional District:

When the LWMP was initiated for the CVRD in April 2014 the preliminary capital cost for phase one was estimated at $45 million. Construction costs escalation and the selection of a combined outfall off Cape Lazo over the previously preferred and closer outfall location in Baynes Sound have combined to push the current estimated cost for phase one up to $57 million. These costs are class ‘C’ estimates with an accuracy of +/- 30 per cent. Cost estimates of a higher accuracy are being developed along with the required level of design over the winter of 2015/16.

http://agendaminutes.comoxvalleyrd.ca/Agenda_minutes/CVRDCommittees/EASC/10-Aug-15/c_20150804_Warren_SR_FCMGMF_grant_application_EASC.pdf

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