WATER INDUSTRY NEWS
NYC water plant cost now at estimated $2.8B
Wednesday, May 30, 2007
NEW YORK — The Croton Water Filtration Plant is facing another setback as local reports estimate that the cost of the project has jumped to about $2.8 billion from an estimated $1.3 billion, according to a report by Daily News columnist Juan Gonzalez.

Gonzalez’s report noted that city officials on May 17 “conceded for the first time” that the $1.3 billion water filtration plant project was over budget, having approved contracts worth at least $2 billion.

And that still may be an underestimate, according to state Assemblyman Jeffrey Dinowitz, D-Bronx, who has demanded an investigation into the cost overruns.

Dinowitz said in the Daily News column, “We estimate the real price tag is already $2.8 billion and growing.”

Dinowitz added that either city officials “lied” in their original cost estimate, or “they’re incompetent, or a combination of both,” reported Gonzalez.

Skanska, a Stockholm, Sweden-based construction company, recently announced that it won a $1.04 billion contract to build the Bronx-based facility that will be able to treat 320 million gallons of drinking water per day for New York City. That contract was covered under the original $1.3 billion facility price tag.

The city’s Department of Environmental Protection declined to offer comment, Gonzalez reported.

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