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| Office of the Chancellor / Public Affairs |
Wednesday, May 12, 2004
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Orange County Register 5-12-04 Steel cost delays UCI expansion |
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The University of California, Irvine, has been forced to delay expansion of Rowland Hall, one of its key science buildings, because the low bid for the project came in at $24 million, $6 million higher than expected. The cost of the 85,000- square-foot upgrade and expansion soared largely because steel prices have greatly increased, said Ronald Stern, dean of the School of Physical Sciences. The project will be re-bid when steel prices fall, Stern said. The campus may have to do the same with a proposed $365 million hospital
project in Orange that recently came in about $50 million over bid. |
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