❓ Ms Hodson-Thomas asks about the New MetroRail project budget increase and seeks assurance of no further increases. The Minister confirms the budget increase date and states the contract type limits cost increases, with provisions for contingencies.
AnsweredQoN 2891Legislative Assembly
QuestionView source ↗
(b) when was the Minister informed of the increased budget; and (c) if she can confirm that there will be no further increases in the budget?
(c) if she can confirm that there will be no further increases in the budget?
(c) The contract is a lump sum contract with very limited capacity for cost increases. The Project Budget makes provision for rise and fall, provisional sums and contingency.
(c) The contract is a lump sum contract with very limited capacity for cost increases. The Project Budget makes provision for rise and fall, provisional sums and contingency.
(c) if she can confirm that there will be no further increases in the budget?
(c) The contract is a lump sum contract with very limited capacity for cost increases. The Project Budget makes provision for rise and fall, provisional sums and contingency.
(c) The contract is a lump sum contract with very limited capacity for cost increases. The Project Budget makes provision for rise and fall, provisional sums and contingency.
AnswerView source ↗
Answered
26 August 2004
Responded by
Minister for Planning and Infrastructure
Response time
85 days
(a)-(b) The New MetroRail Project Budget was increased to $1.518 Billion on 15 December 2003.
(c) The contract is a lump sum contract with very limited capacity for cost increases. The Project Budget makes provision for rise and fall, provisional sums and contingency.
(c) The contract is a lump sum contract with very limited capacity for cost increases. The Project Budget makes provision for rise and fall, provisional sums and contingency.
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