Phil Tank: Saskatoon library budget claims still sound implausible yxe
on the central library project webpage that anticipated construction costs for the project have risen by $6.1 million, from $73.3 million to $79.4 million.We deliver the local news you need in these turbulent times on weekdays at 3 p.m.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.
The rationale behind this reduction was the removal of almost all of the contingency fund, with the strong suggestion that the library meet its budget. because inflation and other economic factors had increased the cost of its expansion from an estimated $66 million in the spring of 2021 by a whopping $26 million.
The library has not yet tendered the construction contract, but it is expected to do that in the spring. That contract is expected to cover both remediation of the site and construction.
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