05-09-2018, 05:19 PM
(05-09-2018, 03:16 PM)panamaniac Wrote:(05-09-2018, 02:20 PM)Bob_McBob Wrote: Best thing I've read today: the LRT is $150m over budget because the new preferred route for Stage 2 would cost $100m more than the previous one.
Source?
Bob will no doubt correct me if I’m confused, but I think Stage 1 is $50M over budget; Stage 2 is now proposed to cost $100M more than previously estimated. Somebody added these numbers together and said “See! LRT is way over budget! By $150M! And it will result in demolition of all of downtown Kitchener, leaving it a burnt-out husk!” OK, last sentence added by me.
If I have it right, then I’d say that if somebody needs to roll a possible increase in the cost of a future stage in with the budget for the current project in order to come up with a financial complaint, they’re scraping the barrel in terms of finding things to complain about.