How would you feel if you where asked to pay more taxes because someone could not properly prepare a budget? Well if you live in Denver you already know how it feels. With the project still at least 6 years from completion I would want there to be safeguards put in place to ensure that the budget over run would not happen again. Now there is a proposed tax increase and a reduction in the scope of the project. Talk about getting the worst of both worlds, more taxes and a project that does not have all of the features that were wanted! Was there any budgetary tracking and forecasting done so this problem could have been identified as the design progressed?
Denver Rails Project
This entry was written by Justin Short and posted on February 26, 2010 at 6:00 am and filed under Friday Tips with tags Construction, Construction costs, Construction profits, Estimate, over-budget, taxes, Tempest Company. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Post a comment or leave a trackback: Trackback URL.
