Site C on Time and On Budget…So Far
rendering of Site C courtesy BC Hydro
Prince George, B.C.- The first annual progress report on the construction of the Site C dam on the Peace river has been submitted to the BC Utilities Commission. The report covers the period from July of 2015 to the end of September of 2016.
The report says during that period, the project is on track to be both on schedule and on budget with $1.3 billion dollars spent on the project as of the end of September. The construction is coming at a time when prices for materials are down and there are skilled workers available because of a slowdown in the natural resource sector… Those factors, say BC Hydro, are helping to reduce financial pressures on the project which has a price tag of $8 billion dollars.
The project has seen 900 hectares of land cleared, and 2.5 million cubic metres of material excavated.
Milestones for the project include the completion of the 16hundred person worker accommodation site. and the 329 metre construction bridge which spans the Peace River.
As of September, t here were 1,750 workers on the project, with workers from B.C. making up 80% of the work force.