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September 8, 2008
British Columbia awards contract for hospital expansion
The B.C. government announced late last month that a construction contract for the expansion of Kelowna and Vernon Hospitals has been awarded to Infusion Health Services.
The bid by the Infusion team was led by two European construction giants, John Laing and Bilfinger Berger Project Investments.
The value of the construction project is $432.5 million, an increase of more than $200 million over the original estimate first announced in May 2007.
The reason for the cost escalation is an increase in the scope of the project in response to the need for more state-of-the-art health care services in the Okanagan.
Construction of the facilities will be undertaken by Graham Construction, with multi-disciplinary design services provided by Stantec.
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Reed Construction Data Chief Economist Alex Carrick discusses current developments in Canada's economic environment. He also shares light-hearted reflections on life and current events.
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