Reef Grief As Costs Spiral
June 18th, 2008
Bournemouth’s much-publicised surf reef will end up costing double the amount first thought, it has been revealed.
The original estimate of £1.35 million to create Europe’s first artificial reef has doubled to £2.68m.
The overspend is being largely blamed on spiralling construction costs, which are £700,000 over budget, and delays to the scheme.
For more information, read today’s article in the Bournemouth Echo
Article Reproduced with Permission.
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