A tender for the new View Royal fire hall is projected under budget.
Council voted on July 30 to award the project to Ledcor Construction Limited at the price of just over $6.04 million.
The total budget for the project including borrowing costs is just under $7.5 million, which includes costs not a part of the tender. The budget for the tender portion of the job is about $6.3 million, with a three per cent contingency, meaning the tender is below budget by around $230,000.
The town also expects to recover the taxes portion of the tender, meaning a further $287,681 could be saved.
Good news also comes in the form of the completion of the first part of the rezoning and development permit process for Eagle Creek Village. This means an amenity contribution of about $1 million will be available for the fire hall project, a portion of the funding which caused some concern for councillors as the project hit roadblocks.
“That gave us the assurances that we would be able to proceed with the fire hall without any further borrowing or burden to the taxpayer,” said Coun. John Rogers. “The worst-case scenario did not occur.”
Ledcor, which has its B.C. division based out of Vancouver and is active throughout Canada and the U.S.A., has completed a wide range of projects from the Art Gallery of Alberta in Edmonton to oil sands infrastructure to a variety of buildings at the University of British Columbia.
Construction is expected to start this August, with a completion date set for late spring 2014.
The process to find a builder began in late May, with 13 companies expressing interest. That list was whittled down to seven who were invited to tender by July 29.
Of the five companies which had their applications in on time, Ledcor was the least expensive, with Kinetic Construction Ltd. coming in as the most expensive at just over $6.4 million.