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committee: Elbphilharmonie still expensive - costs at least 357 million €

The Elbe Philharmonic Hall is still more expensive than previously publicly known. Instead of
previously forecast € 323.3 million in project costs
the prestige of the port of Hamburg City at least € 351.3 million. This is reflected in the final report of the Parliamentary Inquiry
Committee (PUA) of the Hamburg
citizenship, the NDR television exists. In
report also states that this total includes the financing costs, etc. not already included in the construction of the
provided five-star hotel. The authority estimated this culture
financing costs 6 million €.
will then charge the taxpayers Elbphiharmonie even with at least € 357.3 million
.

The main part of the additional costs do with 28 million €
"planning and management costs" from. Behind all fees for
architects who have not been counted against the total budget. The
has corrected the committee now.

The second cost, the additional financing costs, due to the delayed completion of the Elbe Philharmonic
. Because the city is building
hotel, restaurant and parking area at your own risk, has taken
for loans and paid interest. Because the Construction
but not finished, the city has not yet the hoped
lease revenue from these projects.

ReGe under fire

The progress report also raises serious allegations against the city
project company (control) and its former chief Hartmut Wegener.
you had not recognized risks of contracts or wrongly assessed and advanced
tender of the construction project too quickly. "In summary
can be said that the management of the scheme before construction
in their risk assessment of what of it as a functional building owner
(...) would be expected, not acting proactively," says the report
.

how much the Senate of the impending risks and delays could have known
, about the progress report is in vagueness. The
previous evidence tends to let know that the Senate was not on the
ReGe provides comprehensive information on cost-related circumstances.
could here "worthy of consideration deficits in the information chain," there,
"denied the Senate to inform the citizenry to circumferential
" which allows the.

architects and construction companies have not given evidence in the committee from time
reasons. Accordingly, they are little in the PUA
Report mentioned. Crit is only recognized that the construction companies
were determined to "use interface problems for themselves" through the complex construction contract
formed.

more cost increases expected

The firm Hochtief has already logged more costs for the Elbe Philharmonic Hall in
of at least 139 million euros, including the grounds
the harsh winter. The negotiators of the city and the scheme did not accept
these claims so far. However, observers expect
further cost increases.