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BC Place retractable roof contract announced at $458 million

BC Place stadium will finally get its retractable roof - at a cost of $458 million.

The B.C. government today announced a fixed-priced contract to replace the existing air-suspended dome on the 26-year-old stadium.

The fixed-price deal with PCL Constructors Canada Inc. will see work begin after the 2010 Olympic and Paralympic Winter Games, which will use the downtown Vancouver stadium as the venue for opening and closing ceremonies.

Construction is expected to be completed by the summer of 2011, in time to host the Canadian Football League's Grey Cup championship game.

The government says the final budget is based on a competitive bidding process and will create jobs.

BC Place's aging fabric roof ripped and collapsed under the weight of a heavy snow storm in 2007, reviving calls to replace the stadium or give it a retractable roof to make it attractive for a wider variety of events.

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