Hi all, Following yesterdays meeting, here is the summary of our contingency as today:
*CONTINGENCY*
*CONSULTANTS/OTHERS *
*S&W BUILD*
*TOTAL*
*ORIGINAL AMOUNT*
*$332,000*
*$500,000*
*$832,000*
*REMAINING AS AT 31/10/2019*
$213,000
$138,000
$351,000
*EXPECTED*
$60,000
$75,000
$135,000
*APPROVED 28/11/19*
$55,000
*BALANCE*
$153,000
$8,000
$161,000
*CREDIT TENT/ROOF*
$26,000
*REMAINING*
*$153,000*
*$34,000*
*$187,000*
Please note, I have rounded number to keep it simple to visualise... For more details see Nicolas Report and Stefans report (attached).
This is where we stand today. We need to be very careful how to manage the remaining of our contingency... Note: I have added 5K for moving the Electrical Board to the approved location (we don't have a real figure for that yet). I have not added any $ for: SW drains (easement ongoing issue) and kerb (DCC requirement) as we don't have those number either...
Attached are the details of the items approved yesterday (fire alarm and Intumescent paint) See some of you soon :) A positive attitude will take us there! Lets hope for a smooth few months ahead!
Maria