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It was initially planned to spend 49.55 million francs on the repair of the facade. As the city announced Wednesday, construction preparations no longer show that this cost framework is sufficient.
Concrete repairs, new windows, sun protection and carpentry work had to be bid out more expensively than planned. According to the statement, only a few companies submitted bids because their order books were full. High inflation in the last two years has caused prices to rise.
Including reserves, this leads to additional costs of almost 21 million francs. Additional costs will occur due to the renewal of the underground car park ceiling. It has flaws that need to be corrected in just a few years, but it makes structural and economic sense to eliminate them at the same time as renovating the facade.
(SDA)
Source :Blick

I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.