L
ī -
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-2-
276
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$23,000) thus leaving the amunt at, approximately 481,000.
The contract date for the completion of the work was 16th
July 1906 which with extended time added (say nine months)
owing to the extra work would bring the date to the 16th April
1907.
The following schedule will shew the approximate value of
work executed year by year:-
To the end of the year 1903
$16,000
1904
69,077
1905
56,667
1906
82,821
1907
89,759
1908
83,631
1909
56,815
1910
13,550.
FITTINGS ETC: FOR COMPLETING THE BUILDING
The contract for this work was signed by the present Ir.
Chan A Ting on the 22nd February 1908 the amount being $124,271
09 and the date for completion was the 31st December 1909. A
little extra work has been ordered for which the Contractor
would be entitled to. say two months extra time, thus bringing
the date for completion to the end of February 1910.
With regard to the contract amount of g124,271.09 I have
to point out that a sum of $34,422. represents the value of
materials obtained from England and supplied by the Government
to the Contractor, thus leaving the value of work to be done
by him at $89,849.
The following schedule will shew the approximate value of
work executed year by year.
To the end of the year 1908
1909 1910
$3,000. 21,900
26,000
I now beg to comment upon the unfinished contracts as
follows:-
As regards the contract rate for the work at the time the
contract for the superstructure was entered into, I would point
out there was a building boom in in the Colony and Contractors