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The City’s Finance and Economic Development Committee today approved additional funding for Ādisōke, the Ottawa Public Library – Library and Archives Canada Joint Facility.
City Council approved a budget of $193 million for the facility in 2018, which included $104 million for the Ottawa Public Library portion, $71 million for the Library and Archives Canada portion and $18 million for a City-run underground parking facility. The federal government will invest a further $20 million to upgrade the facility to a Net Zero Carbon building.
Through a competitive tender process, PCL Canada submitted the lowest bid to construct the facility. The bid price has resulted in higher construction costs for all partners, and the Committee approved funding authority of $28 million for the Ottawa Public Library portion, $36 million for the City portion and $10 million for the parking facility. Library and Archives Canada has secured the additional funds for their portion.
The difference between the final bid and the initial estimate can be attributed to escalation in the Ottawa construction market. When the project estimate was developed in 2016, it assumed a 10 per cent inflation rate, but construction inflation in Ottawa to mid-point construction is more than 65 per cent.
Given the implications of the COVID-19 pandemic on labour and material supply, the project schedule has been modified, to have the official opening one year later in summer 2026.
Recommendations from today’s Finance and Economic Development Committee meeting will rise to Council on Wednesday, October 27.
查看原文...
City Council approved a budget of $193 million for the facility in 2018, which included $104 million for the Ottawa Public Library portion, $71 million for the Library and Archives Canada portion and $18 million for a City-run underground parking facility. The federal government will invest a further $20 million to upgrade the facility to a Net Zero Carbon building.
Through a competitive tender process, PCL Canada submitted the lowest bid to construct the facility. The bid price has resulted in higher construction costs for all partners, and the Committee approved funding authority of $28 million for the Ottawa Public Library portion, $36 million for the City portion and $10 million for the parking facility. Library and Archives Canada has secured the additional funds for their portion.
The difference between the final bid and the initial estimate can be attributed to escalation in the Ottawa construction market. When the project estimate was developed in 2016, it assumed a 10 per cent inflation rate, but construction inflation in Ottawa to mid-point construction is more than 65 per cent.
Given the implications of the COVID-19 pandemic on labour and material supply, the project schedule has been modified, to have the official opening one year later in summer 2026.
Recommendations from today’s Finance and Economic Development Committee meeting will rise to Council on Wednesday, October 27.
查看原文...
