Transit Center Gets Budget Bump
As the Ann Arbor Area Transportation Authority’s new Blake Transit Center nears completion, the AAATA board has bumped the roughly $8.1 million construction budget upwards by $125,000 to cover costs associated with “extraordinary winter weather and unforeseen site conditions discovered during excavation,” which delayed completion of the project by six months. Of the additional amount, $55,000 is a contingency.
The money to cover the additional cost will be drawn from federal funds. According to the AAATA, the increase will not impact existing services.
The increase to the BTC construction budget was approved in AAATA board action taken at its May 15, 2014 meeting.
According to a staff memo in the board meeting information packet, the original project budget was $8,129,988, which included a contingency of 4.5% … [Full Story]