Bid shortfall stalls water unit upgrades.A $20-million discrepancy DISCREPANCY. A difference between one thing and another, between one writing and another; a variance. (q.v.) 2. Discrepancies are material and immaterial. between the initial estimate and the current cost of upgrading the Bare Point water supply system in Thunder Bay Thunder Bay, city (1991 pop. 113,946), SW Ont., Canada, on Thunder Bay inlet of Lake Superior. The city was created in 1970 by the amalgamation of the twin cities of Fort William and Port Arthur and two adjoining townships. , which includes relinquishing re·lin·quish tr.v. re·lin·quished, re·lin·quish·ing, re·lin·quish·es 1. To retire from; give up or abandon. 2. To put aside or desist from (something practiced, professed, or intended). 3. the Loch Lomond Loch Lomond (IPA pronunciation: ['lomənd]), (Scottish Gaelic Loch Laomainn) is a Scottish loch, located in both the western lowlands of Central Scotland and the southern Highlands. source, has consultants apologizing. During a recent city council meeting, City of Thunder Bay consultants admitted to error, saying they had underestimated the cost of upgrading the system. Other tender's bids came in at $41 million or $47 million, which is more than double the amount of the consultant's bid ($19.3 million). Council then heard estimated costs for the building, electrical components, and concrete from the lowest bidder, had been underestimated. Other factors like market conditions and miscellaneous add-ons were submitted without the approval of the city staff or council to the bid. A city councillor says that this raised the estimate by $8 million. A third-party consultant has been hired to re-examine re·ex·am·ine also re-ex·am·ine tr.v. re·ex·am·ined, re·ex·am·in·ing, re·ex·am·ines 1. To examine again or anew; review. 2. Law To question (a witness) again after cross-examination. both the bids and the estimates. |
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