The preferred bidder is a group of companies including ACCIONA Infrastructure Canada.The new $3.86-billion price tag is up from the last estimate of $1 billion as of 2022 and nearly eight times the initial projection of $500 million. The regional district is forecasting the plant will be “substantially complete” by 2030 with “minor connecting works” in the following years.The partially completed plant at 1311 West 1st St.
for nearly $300 million in 2022, claiming Metro Vancouver had provided an unsuitable site and “conflicting and error-ridden” construction specifications resulting in necessary mid-build changes., alleging a confidential report — which included legal advice about the decision to cancel the contract and future litigation — was leaked to the company.
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