And the New Price is ...
Incredible. The mayor and aldercreatures crying "poor" at every turn, especially around contract time, and then this little item in the Sun Times:
- The cost to build a new Kennedy-King College campus in Englewood has jumped to $254 million -- or $62 million more than originally estimated, officials confirmed Wednesday
- Gayles said the original $192 million estimate was clearly low, noting that only one company bid on part of the project in 2004, and even then the bid was rejected because it was considered $30 million too high.
Who the hell bids these things? The Feds ought to be having a field day on City contracts alone. Almost a 30% increase from the base price? We know a lot of people in the contracting business. Everyone works a 10% difference or so into their bids to allow for fluctuations in the prices of gasoline, labor issues, bribes, etc. It's a fact of contracting. But these City contracts make the Outfit look like pikers. 30% is insane. Why didn't anyone (oh we dunno) LOCK IN A GODDAMN PRICE FOR DRYWALL when they started this thing years ago? Or copper tubing? Or mechanicals? Why is it always the taxpayers (you and us) getting the shaft on these things? When is enough going to be enough? Anytime soon?