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I didn't dig into details on specific of this project. But any large fixed price project I've been on, it all hinged on verbose specifications. And then any c
by FrustratedMonky 3y ago
I didn't dig into details on specific of this project.
But any large fixed price project I've been on, it all hinged on verbose specifications. And then any change resulted in change orders. And it becomes a pissing match of who will pay. It is rarely cut and dry.
- bryanlarsen 3y agoThey are power contracts, not construction contracts. The power company isn't buying a power plant, they're buying power. That's what makes the contract so much simpler.
- FrustratedMonky 3y agoI'll have to pass. I don't know the power industry that well. My rule of thumb thought, is that nobody looses 17 billion. That gets passed to the consumer somewhere somehow. In someway obviously or not obviously.