3 ms·
What are those reasons?
by enraged_camel 7y ago
What are those reasons?
- jcranmer 7y agoSome of the theories I've heard are (I don't necessarily agree with all of these): * Higher intrinsic costs (i.e., labor costs, eminent domain costs, litigation costs) * Outright corruption (this one in particular I'd disagree with for US costs, but I have heard people discuss it). * Price gouging, either via corporate cost-plus contracts raking in money, or via union featherbedding, or some other way in which a lot of money within the contracts are for things that don't really serve any "legitimate" purpose. * Political consideration forcing all projects to become "megaprojects" that are prone to sunk cost fallacies or scope creep and are not amenable to effective cost-control. * Antigovernment trends shifting design and engineering work from public agencies, causing the agencies to be unable to effectively manage the construction of projects.