Tuesday, July 7, 2009

Water Meters: City On Hook For $68M

Water meters were supposed to cost taxpayers $1,051 on average, according to a 2003 study. Instead, they're costing $2,424 each. Photograph by: Pierre Obendrauf, Gazette file photo

From Montreal Gazette:

MONTREAL - The sticker price on Montreal’s water-management contract with the Génieau consortium is $355.8 million, but the city will have to spend an estimated $67.8 million on top of that over the next 25 years to make the program work.

A key component of the project – a command centre necessary for the city to receive and analyze data from the water-management equipment – is not part of the deal.

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