Quote:
Originally Posted by Roughneck
There was a compromise on increasing costs.
The city gave up their project manager so that CSEC could get theirs, they'd split the increase in costs known at the time, and in exchange CSEC agreed to take on future cost overruns.
The city might as well pay for the whole thing if every stage CSEC wants to they can just say 'we're walking away unless you pay this now and you better take it because it's the best deal you're gonna get' and people suggest they take it.
That's a Peace Bridge. That's five full cycle track networks. That's over 57 blue rings.
If it's just a rounding error, the billionaire could pay for it. But they don't want to, because they have half a business brain.
|
Quote:
Originally Posted by You Need a Thneed
If anyone thinks that the “pause” was caused by anything other than massively increasing construction costs, give your head a shake.
The mutually agreed deal had the city capped below $300 million, and it was probably looking like C-SECTION was going to have to put in an additional $100-$150 million themselves over what was budgeted for.
|
Quote:
Originally Posted by topfiverecords
You mean it wasn’t for spite because the Mayor tweeted?
|
Three important posts in a row.