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The school district must conduct due diligence on its counter-parties, to an extent determined by the scope of the project and level of risk. If the school offi

by nickff 6y ago

The school district must conduct due diligence on its counter-parties, to an extent determined by the scope of the project and level of risk. If the school officials failed to do basic research on the contractors, or did not hedge against risks, I would blame the officials and not the contractors. The school officials have a responsibility to the public, while the contractor does not.

wiz21c 6y ago
> The school officials have a responsibility to the public, while the contractor does not. You do realize what you're writing ? Next time you'll be robbed by some entity, you'll sure remember that it's your fault, that you had to conduct due diligence.
rtkwe 6y ago
How deep do you go, at some point they have to trust whoever they're contracting has done the job properly sealing the wells or verifying that the wells are sealed. The school board isn't an oil company they don't have the expertise to evaluate everything independently.
- jfim 6y ago
  > How deep do you go, at some point they have to trust whoever they're contracting has done the job properly sealing the wells or verifying that the wells are sealed. The school board isn't an oil company they don't have the expertise to evaluate everything independently. They can hire independent experts to assess whether the job has been done correctly, the same way one would get a second opinion on work that has been done that's outside one's field of expertise. There are plenty of engineering firms that will inspect bridges, oil wells, and other infrastructure. Alternatively, they could choose to not get in the oil business in the first place.
  - rtkwe 6y ago
    Yeah that's what I meant trusting at some point. They have to trust the people they hired actually verified and that the steps in their verification were actually enough. They're barely in the oil business, they've just renting out the land, some small space, the mineral rights to cover holes in their budgets.

by nickff 6y ago

wiz21c 6y ago

> The school officials have a responsibility to the public, while the contractor does not. You do realize what you're writing ? Next time you'll be robbed by some entity, you'll sure remember that it's your fault, that you had to conduct due diligence.

rtkwe 6y ago

How deep do you go, at some point they have to trust whoever they're contracting has done the job properly sealing the wells or verifying that the wells are sealed. The school board isn't an oil company they don't have the expertise to evaluate everything independently.

jfim 6y ago
> How deep do you go, at some point they have to trust whoever they're contracting has done the job properly sealing the wells or verifying that the wells are sealed. The school board isn't an oil company they don't have the expertise to evaluate everything independently. They can hire independent experts to assess whether the job has been done correctly, the same way one would get a second opinion on work that has been done that's outside one's field of expertise. There are plenty of engineering firms that will inspect bridges, oil wells, and other infrastructure. Alternatively, they could choose to not get in the oil business in the first place.
- rtkwe 6y ago
  Yeah that's what I meant trusting at some point. They have to trust the people they hired actually verified and that the steps in their verification were actually enough. They're barely in the oil business, they've just renting out the land, some small space, the mineral rights to cover holes in their budgets.