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orls | 1 year ago
They’re just bad policy if you want the _nominal objectives_ of the project delivered on time and on budget; they have structural incentives for contractors to go over.
(It’s pretty clear that delivering the nominal objectives is not what the relevant policy-makers are actually aiming for, though. The cost overruns are the real goal for them, as it’s a kind of pork to steer regional funding)
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