Welcome! Login | Register
Browse over 11,000 Articles

Final Cost of Dunedin Stadium Unknown

Six months after the project finished, the Dunedin City Council today admitted it still had questions about the figure, and would fund a $55,000 independent review of the issue.
December Construction at Forsyth Barr Stadium
Mayor Dave Cull said the amount in question was ''in the millions'' but ''not in the tens of millions''. He would not speculate on what the final cost may be.

A team from the Auckland office of Pricewaterhouse Coopers would arrive in the city next week to undertake the review, which the DCC says will be funded "from existing DCC budgets".

The cost of the stadium with its ''guaranteed maximum price'' contract was understood to have been $198 million, but the stadium was valued late last year at $225 million, and council finance and corporate support general manager Athol Stephens said then"the valuation and the actual cost are going to end up not too far apart''.

Source & More: www.nzherald.co.nz

Like this article?

Share & Support the Turfcare Industry.

This article was written

by in Stadia on 27 Feb 2012

News Alerts

Want to get news alerts delivered direct to your inbox?

Edit your email preferences
Write For Us

Are you a budding journalist? How about writing an article for us?

Hand Holding a Pen Contact our
Subscribe Now Magazine Cover Subscribe to the Pitchcare Magazine

You can have each and every copy of the Pitchcare magazine delivered direct to your door for just £30 a year.

Gold Article Image Pitchcare Gold

Pitchcare Gold showcases the highest quality articles previously published on Pitchcare.com and from the magazine.

Editorial Enquiries Image Editorial Enquiries

Contact Kerry Haywood.

T: 01952 897416
E: Editorial@pitchcare.com

Advertise with us image Advertising

Contact Peter Britton

T: 01952 898516
E: peter@pitchcare.com