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.