Riga City Council
The government control commission in a report for January 2002 to September 2008 showed that, during that period, costs increased fivefold – from a planned 108.84 million lats (154.87 million €) to 570.14 million lats (811.24 million €). In 2011 Riga City Council terminated the agreement with Southern Bridge third round builders due to lack of funds. In early 2012 Riga City Council signed agreement with the new constructors to carry out final works of third stage of the Southern bridge and borrowed an additional seven million euros for funding.