The Cost Overrun Time Bomb

By Dan Bertolet April 12, 2010

Even those who are rabidly opposed to the idea of spending billions to replace the Alaskan Way Viaduct with a deep-bore tunnel would have a hard time coming up with a scheme for sabotage as effective as the state's cost overrun provision. It's a ticking time bomb, and the state is going to need some Hurt Locker-style luck to keep it from blowing up in the tunnel's face.

Because they keep making statements like this:

"'And while acknowledging McGinn's concerns about overruns, and who pays for them,' the governor's office said the issue is a nonstarter because 'we intend to bring the project in on time and on budget,' Shelton said."

Which incite reactions like this:

"Super-duper! The state intends to bring it in on time and on budget. That's wonderful news. I mean, it's certainly better than intending to bring the project in late and over-budget!"

Tick tick tick...
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