The cost of the University of Otago's upgrade and expansion
of Toroa College has blown out further - it is now almost $1
million over budget.
Papers for the university council's meeting tomorrow show
that between January and the end of June, $2.354 million was
spent on the Regent Rd project against a budget of $1.3
million for the period.
This meant the project - which was completed in May - was
more than $1 million over budget for the year.
In total, $3.925 million was spent on the upgrade to the end
of June, more than $900,000 over the $3.01 million originally
As with papers tabled at last month's council meeting - when
the work was over budget by $580,000 for the January to May
period - the blowout was put down to an ''error made on the
cost estimates for this project''.
In response to previous questions from Otago Daily
Times, prompted by last month's council papers, property
services director Barry MacKay said: ''The project was more
complex than anticipated, including the amount of compliance
upgrade required so the current facilities could meet new
''Together, these contributed to cost pressures that were
unable to be controlled within early budget estimates.''
The project, which involves adding 20 rooms and a large
central common space, comes as the university and other
residential college owners had spent tens of millions of
dollars upgrading facilities in recent years.
Director of accommodation services James Lindsay previously
said the upgrade was ''the single biggest and best
development at the college since it started 18 years ago''.