The new VA hospital under construction in Aurora, Colo is now expected to cost $1 billion more than budgeted, according to an article on the 9News website.
Congress had set the spending cap for the replacement VA hospital at $880 million. It was not immediately clear what caused costs to balloon far beyond what Congress or the Administration anticipated.
The new estimated cost for the medical facility will be $1.73 billion. The nine-building medical complex, which replaces an existing VA Medical Center, is scheduled for completion in 2017.
The Aurora VA hospital project has been plagued by construction delays and cost overruns for years, the article said.
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