- cross-posted to:
- canada
https://stateofcitiessummit.ca/files/041224_Understanding-the-Drivers-of-Transit-Construction-Costs-in-Canada-A-Comparative-Study.pdf
https://stateofcitiessummit.ca/files/041224_Understanding-the-Drivers-of-Transit-Construction-Costs-in-Canada-A-Comparative-Study.pdf
I suspect that this is an artifact of capitalist mechanics. These contracts are typically handed out to private companies to implement since there's no state owned industry to speak of. As a result, the companies want to extract as much money as they can from the government leading to long running and overbudget projects.