City says LRT delay will save nearly $1M — if the contract holds up

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By Jon Willing, Ottawa Citizen, December 5, 2018

The city is telling council members that it stands to save nearly $1 million on delaying the Confederation Line LRT about 10 months.

It’s an optimistic estimate, though, since the grand tally of extra costs and savings related to the delay depends on the city’s reading of its $2.1-billion construction contract with the Rideau Transit Group.

City council on Wednesday received a summary of the financial implications of the delay in a memo from corporate services general manager Marian Simulik.

https://ottawacitizen.com/news/local-news/city-says-lrt-delay-will-save-nearly-1m-if-the-contract-holds-up