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I know nothing about the tunnel boring industry in particular, but in some cases this is a form of regulatory capture. A large established industry player can a
by wiml 6y ago
I know nothing about the tunnel boring industry in particular, but in some cases this is a form of regulatory capture. A large established industry player can afford to navigate the difficult regulations (either through scale, expertise, backdoor connections, etc), but a smaller upstart competitor can't.
- asdff 6y agoI had a conversation with someone professionally familiar with the planning process for metro transit in LA and this is pretty much what they told me. The process is so complicated that even if metro themselves wanted to hire labor in house and save due to being able to run things at cost rather than for profit, there wouldn't be any talent available that is able to navigate the regulatory process as those brains have long since been hired by companies like Tutor Perini. Even if metro wanted to do things in house, they wouldn't even know where to start with what is necessary for regulatory approval as that ground has been covered by private contractors for two decades. It's such a screwed up situation and is perfectly designed to enrich shareholders at the expense of the public purse, just a perfectly oiled machine. Metro doesn't even accept the cheapest bids, they continually turn to Tutor Perini because that is the only contractor with people familiar with the regulatory process. I'm not sure how you ever right the ship in this case. Pretty depressing.
- EricE 6y ago"I'm not sure how you ever right the ship in this case." You force reform. Like this: https://www.youtube.com/watch?v=ykQdG51clqk https://www.youtube.com/watch?v=ykQdG51clqk The economy the last four years speaks for itself. And even more shocking - the world didn't end, air is still breathable, water is still clean - amazing!