Quote:
Originally Posted by WarrenC12
In the case of a bridge, this may be more cut and dried, but just look at the process for the Convention Centre, or the BC Place roof replacement. I like both of those projects, but the budgets were a joke.
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The way it theoretically works is that if the contractor screws something up, it's money out of their own pocket & doesn't affect the total (public) project budget.
If the owner chooses to change something/screwed something up/there are unforeseen conditions (typically contamination, geotechnical, impacts from permitting or utility/ROW owners) then it is on the client & therefore the public project budget.
I'm not too familiar with the Convention Centre or BC Place Roof, but I had referenced P3 & DB projects (which Massey was intended to be). That's one of the beauties of those is that you put a lot more risk on the contractor, so in theory you have more of a fixed price.
(Edit: or the preliminary budget numbers were intentionally or unintentionally low, so when the true costs hit the light of day it's a shocker)
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