The City of Saskatoon on Tuesday announced the Circle Drive South Project will likely not be completed on time.

The $300-million project – the largest the city has ever undertaken – is still within budget however it’s expected the roadway won’t be completed until the end of October, project manager Doug Drever told reporters outside city hall.

“Our contractor, Graham-Flatiron, is quite concerned that they’re not going to make the September 30 deadline,” he said.

Drever did not comment explicitly why the postponement was necessary but told reporters “you should talk to Graham as to why the schedule could be delayed but as I mentioned before, two of the last three construction years were the wettest on record.”

He said according to Graham’s contractual obligations with the city, the company could face some hefty fines for the delay – up to $300,000 in total or $10,000 a day.

“In our contract, there’s a clause talking about penalties for construction,” said Drever, adding however that it’s unlikely the city will end up in court with Graham.