Quote:
Originally Posted by Senator Clay Davis
But if the arena is truly the decisive factor in this, cut out all the other risks and make it simple. The other infrastructure that's left is meaningless, and based off what we've seen the past 48 hours cannot be relied upon to come in on budget. With there being no back door to arena funding in the current deal that so many thought might be there, it would seem unlikely there's an arena deal to be made, especially since the CSEC has more leverage now that for most people it's wanting the arena more than the Olympics. Might be a good time for them to dig in and play hardball.
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I’m opppsed to both arena and Olympics so I’m not trying to argue for it really speculating on how people will vote and what it would take for it to pass. I think we need to wait a little bit before saying there is no way this should come in on budget. At this stage you have a +/- 30% estimate with 20% contingency so you have to really screw up to fail by more than 10% over.
We need more detail on what was cut from scope. My read on it is they cut a bunch of the housing which was always poorly defined. To me it looked like housing was a slush fund they were going to use to reduce scope or cover losses. I don’t see that changing other than the fat part of the estimate got trimmed. I think 10% over whatever number is in the bid document provided nothing is added to scope is reasonable.