Board working on project shortfalls

Board working on project shortfalls

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At the September board meeting district staff advised that SOSS rebuild costs were higher than projected with a budget shortfall of $2.1 million.
In reviewing the project report against tenders awarded, the following is noted: In addition to the rebuilding of the school, the report includes costs for clean-up and restoration, temporary accommodation, and additional staffing required due to the temporary nature of the school site.
Project shortfalls can be attributed to multiple factors including:
– Market conditions at the time of the tender such as number of open tenders available for bidding;
– The unit rate for the first project report was higher than the unit rate used for the second report, although existing conditions and standards and finishes of the first project were continued for the second project;
– The same mechanical design had to be continued in the second project as intended for the first project. Mechanical downsizing could not be contemplated based on the footprint of the existing equipment and school design;
– Material costs have increased between projects.
School district staff, consultants and the general contractor are working diligently to bring the project within budget without compromising the design or the intent of the school’s use.
As of October 18, the project three

budget is within $250,000 of projected costs. Based on a budget of $22 million, staff is confident the project will meet the budget and quality targets. Further details will be provided at the regular board meeting in November.
In addition, the district has received a generous and appreciated donation from the closed Denman Theatre in Vancouver. It has donated 450 theatre chairs in beautiful condition at no cost other than shipping.

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