Esquimalt council considers ways to trim costs, such as eliminating the third floor.
Esquimalt council is grappling with the rising cost of the township’s new Public Safety Building, which has jumped to $62.2 million from $42 million in February 2021.
An analysis from Core Project Management said the increase is linked to higher construction costs, with the Island construction market seeing 10 per cent annual escalation of rates of late rather than the typical two to five per cent. Desjardins said council is confident in the budgeting work done so far, noting staff have sought expert advice from construction professionals and local industry experts in all phases of the process. Council is set to discuss the issue at its committee of the whole meeting Monday, which could lead to a final decision as soon as the next council meeting on May 16.
Options council could consider include eliminating the new building’s third floor or allowing for it be built in the future, proceeding with the current design or searching for savings of up to five per cent, cancelling or deferring the project, or changing the scope.
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