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The total construction cost of the Oroville dam, ending in 1968 was $480 million. Inflation-adjusted, that's $3.5 billion in 2017. $500 million just to repair t
by mrb 9y ago
The total construction cost of the Oroville dam, ending in 1968 was $480 million. Inflation-adjusted, that's $3.5 billion in 2017. $500 million just to repair the spillway seems excessive...
See table 8 in http://www.water.ca.gov/swpao/docs/bulletins/bulletin132/Bulletin132-69.pdf http://www.water.ca.gov/swpao/docs/bulletins/bulletin132/Bul...
- crooked-v 9y agoModern safety standards in construction are much more stringent than late-60s safety standards in construction.
- Amygaz 9y agoAnd modern requirement for additional administrative roles and salaries, both directly and indirectly linked to that business, have probably more to do with inflation...
- ComputerGuru 9y agoYet there's no way you'd ever build Oroville today for 3.5bn. It seems inflation in large scale civil engineering has gone up at least a factor of ten more than general inflation.