The Christ Church Cathedral rebuild has a funding gap of $114 million - and if $30m isn’t secured by August this year, the project will be indefinitely.
The Christ Church Cathedral rebuild has a funding gap of $114 million - and if $30m isn’t secured by August this year, the project will be indefinitely mot
Report from RNZ by Charlotte Cook
A review into Wellington’s billion dollar highway Transmission Gully has found the project was flawed from the start.
The 27 kilometre stretch of motorway was supposed to cost $850 million but has now exceeded a budget of $1.25 billion.
The report, led by an international expert reviewer Steve Richards and peer reviewed by Sir Michael Cullen and Lindsay Crossen, has found serious flaws at the planning stage of the public-private partnership project, undermining its successful completion.
It was commissioned in August after the Transport Agency Waka Kotahi had to pay another $209.7m to get the project back on track after the Covid-19 lockdown. Official documents show the negotiations went on for months and the contract could have been terminated.