- Newstalk ZB
- Classic Hits
- Coast
- Flava
- Hauraki
- Radio Sport
- ZMOnline
- Other
Keep up with
Newstalk ZB
| Lower South Island News | Friday May 11 2012 13:26
An independent review has revealed the construction of Dunedin's Forsyth Barr Stadium was more than $8 million over budget.
PricewaterhouseCoopers were asked conduct an independent review in February, they've found the stadium's capital cost had risen from $198 million to $206.4 million.
The cost blowout includes an extra million for the city council's share of the adjacent University Plaza, plus an extra $3.7 million for the catering fit-out.
Interest of $18 million puts the final cost at $224 million, with the $8.4 million overspend exceeding the budget by 4.2 percent.
The results come just days after it was revealed the Stadium posted a loss of $1.9 million in its first 6 months.
Photo: Photosport
Related Subjects
Tuesday, June 18, 2013
RSS WebfeedPowered by MediaSpan | Web Design - Terabyte © The Radio Network | Sitemap
