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Started By
Message
re: Cancellation of Mid-Barataria Diversion project could cost Louisiana at least $700 million
Posted on 5/10/24 at 10:00 am to Marshhen
Posted on 5/10/24 at 10:00 am to Marshhen
quote:
The construction cost overruns will likely consume the entire mitigation budget.
The contingency funds for cost overruns are completely separate from the mitigation funding.
1
Posted on 5/10/24 at 10:13 am to Indefatigable
quote:
The contingency funds for cost overruns are completely separate from the mitigation funding.
That’s just not true. At the last TIG meeting in 2023 the question was asked and answered that the mitigation fund was to be used for construction overruns as well. But the State assured everyone that there would be no overruns because the CMAR contractor was going to “guarantee” the maximum cost.
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