CORNERSTONE architects Jay Bancroft. MAIBC Simon Richards. MAIBC 22 Creekhouse. 1551 Johnston Street. Granville islana Vancouver. B.C. ¥6H 3R9 (604) 687-5896 February 12, 1987 Ms. Janna Taylor Port Coquitlam Recreation Department 2253 Leigh Square Port Coquitlam, B.C. V3C 3B8 Dear Janna: Re: Wilson Centre Expansion Tenders were received for this project on January 30. Appended is a list of the bids received, The original budget for Phase I of the project was $516,000 in 1985 dollars, conservatively, assuming 4% inflation since. then, the adjusted budget is approximately $536,000 in current dollars. - We see no reason that the Corporation of the City of Port Coquitlam should not accept, and enter into contract with, the low bidder, Key Engineering Ltd. Their tender price is $499,000.00 with a construction period of 19 weeks. This price includes full landscaping for the building which was not included in the original budget. . On your behalf, we have met the contractor, visited a similar. project undertaken by the firm (Dogwood Lodge), and confirmed his bonding status.