Modernisation du réseau: 200 millions$ de dépassement des coûts et 4 ans de retard chez Hydro
AI Article Summary
Hydro's MSCR network modernization project is experiencing cost overruns nearing $200 million and a 4-year delay. The delays and additional costs are creating challenges for the transporter. This situation raises concerns over the management of large infrastructure projects.
What This Means for Canadian Contractors
This project demonstrates how cost overruns and delays can disrupt schedules and financial plans for Quebec builders. For contractors, it is crucial to incorporate safety margins in budgets to anticipate such contingencies. The impact on the supply chain could also be significant, necessitating more thorough logistical planning.