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Old Posted Feb 16, 2012, 4:45 PM
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ardecila ardecila is offline
TL;DR
 
Join Date: Jun 2006
Location: the city o'wind
Posts: 13,302
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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