Quote:
Originally Posted by Nouvellecosse
Well I should certainly hope so. $29bn would otherwise be obscene.
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Of course it does. Now if the projected cost of $29 billion includes a 100% cost overruns it will certainly have - oops - it does not. Why am I not optimistic about the projected costs? Look at the history of the Big Dig costs.
Per wiki
https://en.wikipedia.org/wiki/Big_Dig
"The project was originally scheduled to be completed in 1998 at an estimated cost of $2.8 billion (in 1982 dollars, US$6.0 billion adjusted for inflation as of 2006). However, the project was completed in December 2007 at a cost of over $8.08 billion (in 1982 dollars, $14.6 billion adjusted for inflation, meaning a cost overrun of about 190%) as of 2006. The Boston Globe estimated that the project will ultimately cost $22 billion, including interest, and that it would not be paid off until 2038."