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NEW YORK | Penn Station / MSG Renovation
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Posted
Feb 16, 2012, 4:45 PM
ardecila
TL;DR
Join Date: Jun 2006
Location: the city o'wind
Posts: 16,381
Quote:
The lowest bid came under the projected cost but didn't include a big enough cushion for possible cost-overruns, a person familiar with the project said.
The contractor should be
entirely
on the hook for major cost overruns.
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ardecila
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