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> confluence of aging infrastructure, cost of displacing entrenched residents / businesses to make improvements, labor cost, insurance, etc. What about corrupt
by jimmaswell 6y ago
> confluence of aging infrastructure, cost of displacing entrenched residents / businesses to make improvements, labor cost, insurance, etc.
What about corruption e.g. ghost employees, inflated billing rates, intentional delays, knowingly letting things be done wrong according to a mistaken spec to bill more hours later, all done by a company owned by the mayor's cousin? Construction is famous for those kinds of things.
- supernova87a 6y agoThat definitely may come into play. But I think the bulk of the 2-3x (or more cost inflation) for the average project is larger factors that no particular entity is trying to "cheat". Just a gradual creeping up of expectations and willingness to tolerate higher and higher costs.