Difference between revisions of "Atcon Deficiencies"

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(added link to Macleans article)
(update to current $6.5 million spent)
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The [http://dehchobridge.info/docs/mediapresentation_20111214.pdf December 2011 Construction Update] indicates $13.3 million is available for fixing Atcon deficiencies.  However,  [http://www.nnsl.com/frames/newspapers/2011-01/jan19_11db.html previous info] ([http://www.cbc.ca/news/canada/new-brunswick/story/2011/01/18/dehcho-bridge-atcon-nb-taxpayers.html more]) was that $2.9 million had been held back from Atcon, and the NB govt was on the hook for up to $13.3 million in ''addition'' to that, which would be $16.2 million available (unless the Atcon $2.9 million holdbacks were consumed prior to what the Update is covering).
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The [http://dehchobridge.info/docs/mediapresentation_20111214.pdf December 2011 Construction Update] indicated $13.3 million is available for fixing Atcon deficiencies.  However,  [http://www.nnsl.com/frames/newspapers/2011-01/jan19_11db.html previous info] ([http://www.cbc.ca/news/canada/new-brunswick/story/2011/01/18/dehcho-bridge-atcon-nb-taxpayers.html more]) was that $2.9 million had been held back from Atcon, and the NB govt was on the hook for up to $13.3 million in ''addition'' to that, which would be $16.2 million available (unless the Atcon $2.9 million holdbacks were consumed prior to what the Update is covering).
  
The Update indicates $5.6 million has been spent on Atcon deficiencies, with another $3-5 million to come.  That makes $8.6-$10.6 million.  At best New Brunswick seems to be looking at a '''$5.7-$7.7 million''' bill, and it would be $8.6-$10.6 million if somehow the Atcon holdbacks have already been spent on other fixes.
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The 2011 Update indicated $5.6 million has been spent on Atcon deficiencies, with another $3-5 million to come.  A news story in February 2013 increased the amount spent to $6.5 million.  The total spend will not be known until Atcon's work is fully inspected in the summer of 2013 and the full extent of any deficiencies and necessary repairs and remediation work is known. Any money remaining after this is carried out would be returned to the government of New Brunswick.
  
I'm assuming [http://www2.macleans.ca/2012/01/05/99-stupid-things-the-government-did-with-your-money/#disqus_thread Macleans just used the $4 million] number that was floating around in early 2011 without doing any checking, but I'll trying to get more info from them and the GNWT.
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It should also be noted that to my knowledge, no final settlement has been reached on Atcon's terminated contract. Presumably the bankruptcy receiver for Atcon has expectations of some sort of amount in compensation, but I've seen nothing public since July 2012, when the receiver indicated they would be engaging the NWT in settlement discussions "in the near future".

Revision as of 00:25, 24 February 2013

The December 2011 Construction Update indicated $13.3 million is available for fixing Atcon deficiencies. However, previous info (more) was that $2.9 million had been held back from Atcon, and the NB govt was on the hook for up to $13.3 million in addition to that, which would be $16.2 million available (unless the Atcon $2.9 million holdbacks were consumed prior to what the Update is covering).

The 2011 Update indicated $5.6 million has been spent on Atcon deficiencies, with another $3-5 million to come. A news story in February 2013 increased the amount spent to $6.5 million. The total spend will not be known until Atcon's work is fully inspected in the summer of 2013 and the full extent of any deficiencies and necessary repairs and remediation work is known. Any money remaining after this is carried out would be returned to the government of New Brunswick.

It should also be noted that to my knowledge, no final settlement has been reached on Atcon's terminated contract. Presumably the bankruptcy receiver for Atcon has expectations of some sort of amount in compensation, but I've seen nothing public since July 2012, when the receiver indicated they would be engaging the NWT in settlement discussions "in the near future".