The value of works to be borne by participants in the above Scheme was estimated in August 1919 at $3,385,000.00 equivalent to $1.50 for forming each square foot of area to be allotted to participants in the Scheme.
The following Statement gives details of the estimate together with the actual cost of the work :-
I. Reclamation and Sea Walls, including Filling in Bow- rington Canal and the Royal Naval Camber, Public Piers to replace the piers at Tin Lok Lane and Arsenal Street, Refuse Boat Pier to replace the pier at Ship Street, and adjustment of Tramway Track...
II. Dredging
Estimated cost
in August
1919.
$
C.
1,794,500.00
Actual cost
of work.
Excess.
Decrease.
Total Excess.
$
C.
$
2,070,458.66
C.
275,958.66
$
€9
C.
11
6
28,800.00
71,753.74
42,953.74
III. Drainage works on the, Reclamation Area
462,900.00
795,589.86 332,689.86
I & III (A) Bonus
924,070.86 924,070.86
IV. Reconstruction and adjustment of drainage on the back areas affected by the proposed reclamation
326,000.00
365,208.33
39,208.33
V. Water Mains ditto ditto
128,000.00
90,270.21
37,729.79
VI. Roads Forming, kerbing, channelling, surfacing of new roads and adjustment of level of roads in back areas affected by the reclamation
318,563.35
519,270.50 200,707.15
VII. Reconstruction of Buildings, Boundary Walls, &c. rendered necessary by exchange of Land at R. N. Arsenal Yard
60.220.00
236,259.00 176,039.00
VIII. Amount chargeable to works and appearing in Treasury Books under "Praya East Reclamation Scheme, Advance Account'
IX. Supervision
Total Amount Estimate say
64,696.84 105,541.84 40,845.00 200,000.00 243,070.38 43,070.38
3,383,680.19 5,421,493.38 2,075,542.98 3,385,000.00
37,729.79
2,037,813.19
14