- The Washington Times - Tuesday, December 4, 2001

THE WASHINGTON TIMES
The cost for building the new D.C. convention center has increased 9 percent to $778.2 million, according to a report released yesterday by the General Accounting Office.
Also, the new center, which will have about 1 million square feet of meeting space, is 46 percent complete, compared with the 51 percent completion originally expected by September 2001.
The 9 percent increase in the overall construction cost as of July 2001 is being attributed to increases in the Metro station upgrade, utility-work costs and removal of contaminated soil, as well as design fees and consulting and inspection costs, said the report by the GAO, Congress' investigative arm.
The Washington Convention Center Authority says the April collapse of steel roof trusses will have little or no impact on the center's costs or the project schedule, the report said.
The authority expects the new facility to be complete by May 2003.

Donna De Marco

LOAD COMMENTS ()

 

Click to Read More

Click to Hide