Spending for health care

[Happy Monkey]

Originally Posted by sugarpop

I recently heard something on PBR about a nuclear power plant that was supposed to be built. Initially, the cost was, like, 300 million or something (I don't remember exactly). Now the cost has more than tripled. WTF? How exactly does that happen?

Never attribute to malice what can be accounted for by malice and incompetence.

While they may have had no problem padding the cost, there's a good chance that they also woefully underbid the project in the first place.

[sugarpop]

Originally Posted by sugarpop
I recently heard something on PBR about a nuclear power plant that was supposed to be built. Initially, the cost was, like, 300 million or something (I don't remember exactly). Now the cost has more than tripled. WTF? How exactly does that happen?

Originally Posted by Happy Monkey

Never attribute to malice what can be accounted for by malice and incompetence.

While they may have had no problem padding the cost, there's a good chance that they also woefully underbid the project in the first place.

And if they underbid, they should have to eat that as well. Purposely underbidding a project when you know you will later jack up the price is unethical and immoral, and we really need to get rid of that mindset and practice, don't you think?