3 ms·
Years of Delays, Billions in Overruns: The Dismal History of Big Infrastructure
- 1cvmask 5y agoThe amount of corruption is epic. Anywhere from proven bad contractors constantly winning bids to the army of consultants eating hefty fees to the politicians in on the bandwagon. Ridiculous amateur engineering failure example in the article: Earlier this year, engineers realized that in some sections, the wheels were a half-inch narrower than the rails. Order new wheels? Tear up the tracks? - This is a good site for some international comparisons: https://pedestrianobservations.com/2011/05/16/us-rail-construction-costs/ https://pedestrianobservations.com/2011/05/16/us-rail-constr... -- It seems that countries that have outsourced the making and running of bridges and tunnels to the private sector have them finished in record time as the bridge and tunnel operator has a financial incentive to finishing quicker. These examples even exist in developing countries like Turkey which have outsourced some of the biggest bridges and tunnels to private parties who will run the bridges and tunnels for different time periods and then it will revert back to the government.