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ION - Waterloo Region's Light Rail Transit
(06-25-2015, 08:25 PM)numberguy Wrote: It's important to do scenario/what-if analysis.

Absolutely.  If the people negotiating these contracts don't do decent an analysis ...


(06-25-2015, 08:25 PM)numberguy Wrote: Empirically, P3 annual cost increases in Ontario are tracking up far faster than non-P3 projects.

The issue I have is that P3 seems to be a way to get market alpha/return with government level beta/risk.   It's a guaranteed win for the private partners.

... then they will sign bad contracts.  And in that scenario I cannot blame the private company, profit is their goal after all, I will blame the government in question for not negotiating a better contract.

But even if the LRT contract has excessive escalations, ION can still work well.  It'll just be more expensive than it should be.

P.S. I saw the sign, too.  I was tempted to make a better one for them ...
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RE: ION - Waterloo Region's Light Rail Transit - by tomh009 - 06-25-2015, 08:48 PM
[No subject] - by Spokes - 08-28-2014, 04:16 PM

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