The following table is a summary of the financial considerations for this report:
Original Budget and Account #		$7,200,000		083 5350 6745 005 & 083 5350 7264 005 14th Avenue Watermain Construction, McCowan Road to Boxwood Crescent
Current Budget Available (unspent)		$6,835,630
Less Cost		($4,960,705)		Awarded to Pachino Construction Co. Ltd. (Construction)
Less Contingency		($489,250)
Budget Remaining		$1,385,675
Funding for Shortfall
Total
Close upon final payment:		YES
						YES
Future Financial Impact:		YES				NO
Finance Department Comments:		YES