It is now official that the cost to build this BRT has gone from $180m to about $275m and going exceed my non inflation price of $350m with the awarding of the 3rd phase. The city is on the hook for another $41m. We still got the cost of both Kipling and the Renforth station to come as well the section GO transit is building. .
http://www7.mississauga.ca/documents/agendas/committees/transportation/2014/2014_03_19_Agenda.pdf
RECOMMENDATION: 1. That the maximum costs of the multi-year funded Transit BRTConstruction
(PN.08.232) be approved at $275,162,400 to award
the Mississauga Bus Rapid Transit Construction TenderSegment#
3.
REPORT
HIGHLIGHTS:
2. That the Purchasing Agent be authorized to award the third
Mississauga Transitway construction contract, Procurement
Number #F A.49.383-13 - Mississauga Bus Rapid Transit
Construction Tender- Segment 3 - Etobicoke Creek to
Commerce Boulevard, Civil Works and Stations to Dufferin
Construction Company, a division ofHolcim (Canada) Inc., as
they provided the lowest acceptable bid received in accordance
with Purchasing By-law #0374-06.