Lawsuits over Vancouver water treatment plant settle, locals call for disclosure of financials
The lawsuits regarding the North Shore Wastewater Treatment Plant in Vancouver have been settled, but local politicians are calling for transparency regarding the project's financials. The project has faced significant delays and cost overruns, with the estimated budget now exceeding $3.86 billion. Residents are expected to see a substantial increase in costs as a result of the project's issues.
- ▪The North Shore Wastewater Treatment Plant was initially approved in 2013 with a budget of $700 million and a completion date of 2020.
- ▪A settlement was reached where Acciona Wastewater Solutions LP will pay $235 million to the Greater Vancouver Sewerage and Drainage District.
- ▪The project's costs have ballooned to an estimated $3.86 billion, more than five times the original estimate.
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Open this photo in gallery:The North Shore Wastewater Treatment Plant under construction in North Vancouver, B.C., in October, 2021. Construction was initially approved by Metro Vancouver’s board in 2013 with a $700-million price tag and an estimated completion date of 2020.DARRYL DYCK/The Globe and MailShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountDuelling lawsuits involving the construction of a Vancouver-area wastewater treatment plant that is years late and billions of dollars over budget have been settled.
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