TheTigerMaster
Superstar
Is there potential for TYSSE to delay FWLRT? FWLRT is also scheduled to open in 2019.
What are these claims for? And if TTC did outsource most of the project management to outside firms, then is it still the TTC's fault? What is another sole source contract for project management going to accomplish?1. TTC outsourced almost all of its Project Management on this to outside firms from the beginning...Hatch MottMacDonald/MMM Group/Delcan (Project/Program Management), Morrison Herschfield (Construction Management) and Stantec (Project Controls). The "TTC ongoing costs" are the costs for these existing consultants.
2. The articles last week suggested $400M over. This $150-$185M is ONLY for project management to finish the project. We've still got probably at least a couple of hundred $M in claims to come. The report itself noted that the claims issue has yet to be dealt with.
All in this will crest $3B when the dust settles.
This is disaster.
There was no report that said $400 to $450 million. That was a media report which also got other numbers very wrong - such as the claim that the entire 8+ km extension to Vaughan had originally ballooned from $1.5 billion. (in fact, the $1.5 billion was only for the extension to Steeles, making the 5th estate's ballooning being nothing but the inflation that was predicted from day 1!I thought a couple of weeks ago reports were the project was going to cost $400 or $450 million or more but now the TTC is saying approx $180M depending on which option they take?
What figures are we to believe? How did it go from $400-450M to $180M approx?
Why not? They make more sense than those the media made up.I do not believe any of these figures or estimates.
In what way is a $150 million cost-overrun on a 9-year old estimate a disaster? That's less than 6%.This is disaster.
What $1 billion figure are you talking about?All I keep thinking about is $1B figure, like everything else in this province from the gas plant cancellation, ehealth, ornge, etc
It was a metaphor - the waste of money in this province that always see the word billion follow the $There was no report that said $400 to $450 million. That was a media report which also got other numbers very wrong - such as the claim that the entire 8+ km extension to Vaughan had originally ballooned from $1.5 billion. (in fact, the $1.5 billion was only for the extension to Steeles, making the 5th estate's ballooning being nothing but the inflation that was predicted from day 1!
Why not? They make more sense than those the media made up.
In what way is a $150 million cost-overrun on a 9-year old estimate a disaster? That's less than 6%.
What $1 billion figure are you talking about?
The sole sourcing is $80 million according to the report, not $150 million.The 150 is just the cost of sole sourcing it to a third party group. There are other claims which have yet to be determined which will most likely shoot up the final tally.
I meant 150M overall for the particular optionThe sole sourcing is $80 million according to the report, not $150 million.
But yes, claims are not yet known, and won't be for another year or so. Could go up ... could go down (though probably not ...).
All I keep thinking about is $1B figure, like everything else in this province from the gas plant cancellation, ehealth, ornge, etc
There was no report that said $400 to $450 million. That was a media report which also got other numbers very wrong - such as the claim that the entire 8+ km extension to Vaughan had originally ballooned from $1.5 billion. (in fact, the $1.5 billion was only for the extension to Steeles, making the 5th estate's ballooning being nothing but the inflation that was predicted from day 1!
Why not? They make more sense than those the media made up.
In what way is a $150 million cost-overrun on a 9-year old estimate a disaster? That's less than 6%.
What $1 billion figure are you talking about?
The 150 is just the cost of sole sourcing it to a third party group. There are other claims which have yet to be determined which will most likely shoot up the final tally.
It's ridiculous to be tossing a $1 billion number around.Exactly Palma and Adjei. Nfitz read between the lines for once. The 150 million is just the tip of the iceberg. And for an extension that won't make any money north of Finch. Ridiculous.
It's ridiculous to be tossing a $1 billion number around.
It's also ridiculous that once again, the province aren't picking up their share of this.
And ridiculous to think that any subway line is making money!
I find it hard to remember the last construction project that I've worked on that didn't struggle with both. Doesn't matter if it's public or private.It isn't just public projects that go overbudget or miss deadlines. I've seen it with housing or condo developments, many times.