Minnesota public power utility ALP Utilities completed construction on its new Operations Center in September. With final project costs now confirmed, the facility was delivered approximately $1.4 million under the approved budget.
The total project budget was $14 million. Final total project costs came in at $12,551,648.06, which is $1,448,351.94 under budget.
"This outcome reflects detailed upfront planning, disciplined project oversight and careful management of materials and construction expenses. As a result, ALP did not need to draw on the full contingency funds allocated for the project," the Alexandria, Minn.-based utility reported in February.
“This project represents a significant investment in the future of ALP and the community we serve,” said Ted Cash, General Manager. “Completing the Operations Center on schedule and under budget demonstrates the level of planning and financial stewardship our customers expect. We remain committed to managing infrastructure projects with transparency and responsibility.”
Like all major infrastructure projects, the Operations Center was funded through long-term capital planning, the utility noted. Delivering the project under budget helps reduce overall financing costs and supports rate stability moving forward.
Where feasible, ALP and its contractor partnered with local businesses and service providers throughout the project, supporting the local economy and keeping more dollars in the Alexandria community.
The new facility consolidates operations into a single modern location, improving safety, efficiency and coordination across electric and water departments.
The Operations Center positions ALP to continue delivering safe, reliable and affordable services to support Alexandria’s long-term growth.
