Maybe Watson Has Bridge Costs Right

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Frequent Bulldog contributor The Voter doubts the cost of using the Prince of Wales Bridge for light rail will weigh in at a staff-estimated $20 million to $40 million:

With the staff estimate of up to $40 million added to the $25 million to fix the “mistake” of not telling regulators the city was pulling up track on the approach to the bridge, we have $65 million.

When you factor in the 50 per cent cost over-runs when they ‘discover’ some unknown problem with rehabilitating the bridge and the extra, unanticipated costs (maybe for things like signalling devices where the tracks from Gatineau will merge with the Confederation Line), I’d say Mayor Jim Watson may not be far off in his $100-million estimate.

In fact, this may be his first correct costing exercise since he went into politics.

 


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One thought on “Maybe Watson Has Bridge Costs Right

  1. Ah gee, Voter. What’s a couple of million or even $50 million to a big time city such as Ottawa? Watson no longer thinks in millions but in billions. Come on a million in 2010 was a one-per-cent tax increase but Jim has kept the rate to only two per cent with his magnificent number-crunching and by adding to Ottawa debt. What a show.

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