Clarity on pier costs

There have been conflicting reports recently on the original cost of the pier, ranging from $9.2m to $12.5m. The anticipated costs when council first approved the project in 2006 were $6.2m. The table below charts the increases over time, sourced completely from city documents. There are important lessons here for all of us to ensure future projects are costed appropriately from the beginning, and stay on budget.[table id=3 responsive="desktop" /]This chart originally appeared on A Better Burlington website May 12th, 2010