Quote:
Originally Posted by GFG#1
CSSC walked away when the City changed the goalposts and added an extra 20 mil for solar and sidewalks. Sure you can say Murray used that as an excuse to try and get a better deal. However, do you honestly think that starting the same/similar building 3 years later is going to cost you less to build then it would have 3 years ago, even with the costs rising at the time.
The new quotes are only going to be over what the quotes were 3 years ago. and probably 20-30% higher.
|
Both sides pulling away from what was a $609M agreement ($321M Flames to City's $287.5M) over the extra $25.5M was stupid.
That was a 4% cost overrun at that time, and both sides should feel stupid for walking away from that over what was a 4% add on to costs.
I actually think it was a worse decision from the city IMO, my gut is next time around the Flames end up getting a better deal than what was on the table last time. Especially since CSEC was willing to fund any cost over run last time, but weren't willing to fund this $25.5M for infrastructure and climate (Solar panels).