Evergreen Line SkyTrain likely to be delivered under budget
- Reality Check
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- February 2, 2013
Today, the primary contractor for the upcoming Evergreen Line SkyTrain Line in Coquitlam was revealed. EGRT Construction, a consortium led by SNC-Lavalin Inc., has been awarded the contract to design, build and finance the Evergreen Line.
COQUITLAM – EGRT Construction, a consortium led by SNC-Lavalin, has been awarded an $889-million contract to design, build and finance the Evergreen Line.
Source: BC Government News
A notable point we get from the news release is that the value of the primary contract is now just $889 million—and this already includes $20 million earmarked for the recently announced additional station at Lincoln Ave.
However, the original Request for Qualifications document for the Evergreen Line specifically stated that:
It is anticipated that the value of the work to be undertaken by the Primary Contractor will be approximately $900 million to $1 billion.[1]
This means that the Evergreen Line is likely to be delivered for as much as $100 million under budget, with a final capital cost of $1.3 billion, as opposed to $1.4 billion.
Footnotes
- Evergreen Line Rapid Transit Project Request for Qualifications — July 5, 2010 — p.4/33[↩]
Reality Check
Reality Check is the online blog run by the founder of SkyTrain for Surrey, a BC-based community organization that has advocated for the expansion of the Vancouver SkyTrain system, including our successful advocacy for the under-construction Surrey-Langley SkyTrain extension.
Media Contact: Daryl Dela Cruz – Founder, SkyTrain for Surrey ・ Phone: +1 604 329 3529, [email protected]