4 cee peli ve = eye wee ratios, Bate Ee ey Crs 06/26/84 12:22 C04 882 5928 MIERAU CONST'N ++» CITY OF PORT cog 092/004 Page Two Gity of Port Coquitlan May 26, 1994 Drywall and Steel Studs accounts for $49,177.00 of the overrun, However, it should be noted that the overrun ig mainly due to drywall and steel stud walls used where masonry walls were orignally anticipated. Masonry was $37,200.00 under budget. A copy of revised cost. analysis with the above contract. amounts entered, Less GST, is attached. 69.74% of the construction costs have been committed. oe Phe waterslide propysed ‘is substantially over budget and we are working with Whitewater to reduce the cost. We are targeting a recomendation on this by Friday, May 20, 1994. a We trust you will find the above to be in order, | and we remain; ‘Yours Truly, CONSTRUCTION LED. ROW MARGISOR — Breject Manager DM /tt Re | Ge: Erv Jangen = _ Vie Davies - Alan Maddocks |