Apr 10, 2015
By Jane Brown
The TTC’s delayed Spadina Subway extension is about to get a new project manager.
TTC CEO Andy Byford says transit commissioners are meeting today to discuss his recommendation, which is also the recommendation of TTC staff.
Byford says the identity of the company will be made public once a contract is agreed to and signed by both parties.
“I’m hoping that I may be able to sign that deal today…but if it’s not today it’ll be within the next couple of days, in which case we will be able to make the name of the successor…public knowledge and also outline the broad commercial terms of that deal,” Byford explained this morning.
The Spadina subway extension is 70 percent complete, but will take an additional $150-million; $90-million of that coming from the City of Toronto to complete it by no earlier than the end of 2017.
Hiring a new project manager would cost $80-million, which would come out of the revised budget for the project.