The building?s inauguration is later than expected because of compilations, but the academy will start moving into the building from the end of August, said rector András Batta.
Ministerial commissioner Miklós Bányai said the building should have been completed by August 2010, and this had cost the school an extra 10 million forints a month to rent another space.
The National Resource Ministry?s internal audit office reviewed the status of the renovation of the academy?s building on Liszt Square last winter and found the project was 430 days behind schedule because of two appeals by the loser in the tender to undertake the project.
Bányai said the academy had done everything it could to mitigate the effects of a crisis it had been put in through no fault of its own.
The Liszt Academy of Music project is worth a combined 11 billion forints, including almost 10 billion in European Union funding.
Source: Hungarian News Agency (MTI)
