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Started By
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re: Zachry to file for Chapter 11 Bankruptcy. Putting Golden Pass LNG in Jeopardy.
Posted on 5/21/24 at 5:10 pm to LAblues
Posted on 5/21/24 at 5:10 pm to LAblues
When was this thing put out for bid? Years ago? Look at how much materials have gone up. Especially industrial materials for a project this large.
3
Posted on 5/21/24 at 5:30 pm to PerceivedReality
quote:
When was this thing put out for bid? Years ago? Look at how much materials have gone up. Especially industrial materials for a project this large.
Maybe this should have been addressed before work started.
Posted on 5/21/24 at 9:34 pm to PerceivedReality
It’s not just materials. Labor escalation, especially with the LNG projects, has crippled the industry as a whole. I deal with it every day on my projects. LNG projects soak up so much of the finite labor pool, they pay out the arse to get the shear number of workers they need to build one. It strains them and every other industrial project along the gulf coast. There are only so many craft people who can work industrial to go around. The LNG projects quite literally have driven the overall cost of doing business in the industrial construction sector much much higher than they should be.
This post was edited on 5/21/24 at 9:36 pm
Posted on 5/22/24 at 2:38 pm to PerceivedReality
quote:
When was this thing put out for bid? Years ago? Look at how much materials have gone up. Especially industrial materials for a project this large.
Usually major materials are purchased by the operator not the contractor.
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