Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Make the NIMBYs who blocked it pay the costs.
This is why nothing ever gets done in the US. Too many NIMBYs.
Absolutely. I think Montgomery County needs to pay the bulk of the extra costs regardless of the which path the state opts for. The state should just decrease the money that Montgomery County gets budgeted from the state next year.
Or how about levying a tax on Chevy Chase MD instead to capture the hundreds of millions their ridiculous frivolous law suits cost the state?
Sorry, life doesn’t work like that. No matter how much you want to punish people who worked harder and are more successful than you.
This has nothing to do with how hard they worked, how successful they are, or how wealthy they are.
The tax is because they are the ones responsible for the cost overruns due to frivolous lawsuits that added delays and millions of dollars of expenses just because they wanted to increase their property value, even though they purchased said property at a discount due to the Purple Line route going through their back yards.
These NIMBYs should have to pay for all of the costs that their lawsuits added to the project.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Make the NIMBYs who blocked it pay the costs.
This is why nothing ever gets done in the US. Too many NIMBYs.
Absolutely. I think Montgomery County needs to pay the bulk of the extra costs regardless of the which path the state opts for. The state should just decrease the money that Montgomery County gets budgeted from the state next year.
Or how about levying a tax on Chevy Chase MD instead to capture the hundreds of millions their ridiculous frivolous law suits cost the state?
Sorry, life doesn’t work like that. No matter how much you want to punish people who worked harder and are more successful than you.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Make the NIMBYs who blocked it pay the costs.
This is why nothing ever gets done in the US. Too many NIMBYs.
Absolutely. I think Montgomery County needs to pay the bulk of the extra costs regardless of the which path the state opts for. The state should just decrease the money that Montgomery County gets budgeted from the state next year.
Or how about levying a tax on Chevy Chase MD instead to capture the hundreds of millions their ridiculous frivolous law suits cost the state?
Anonymous wrote:Anonymous wrote:Yes, it's over.
Just be aware that the state and counties (MoCo and PGC) will be on the hook for a lot of money either way.
Either they are going to have to pay for the cost overruns and possibly higher costs for a new contractor (if they don't negotiate with the departing contractor) or they are going to have to reimburse the federal government for the money that the federal government invested in the project. With federal transportation grants, the states are responsible for reimbursing the federal government if they do not complete projects. It will cost the state and counties a LOT more not to finish the project than to finish it.
To give you an idea, the project is about $300M over current projections. The original contractor offered the state that they would continue the project with no profit margin for the initial four contractors if the state would pay the overruns. Not sure they'll still take that deal, but it was the starting point. The estimate for getting a new contractor will probably cost around $500M (the $300M for the full project funding, costs to restart with the contractors, e.g. additional overhead, plus a profit margin for the new contractors). The government committed $900M to the project and the state and counties will be responsible for repaying the federal government the $900M if they do not complete the project.
There was a good article in the Post about this but I think a lot of people would be shocked if they don't work it out - it will reflect really badly on both the contractor and the State if they allow this to fall apart though the entire PPP that they set up is looking stupider by the day. With no stimulus bill on the horizon big construction projects are going to be few and far between in the near future so the contractor should be happy with any deal that just covers their costs with a small profit going forward at this point.
This article did a pretty good job of covering all different interests:
https://www.washingtonpost.com/local/trafficandcommuting/maryland-likely-to-be-on-the-hook-for-millions-if-it-wants-to-save-the-purple-line-project-analysts-say/2020/06/12/29b40dda-ab39-11ea-a9d9-a81c1a491c52_story.html
Anonymous wrote:Yes, it's over.
Just be aware that the state and counties (MoCo and PGC) will be on the hook for a lot of money either way.
Either they are going to have to pay for the cost overruns and possibly higher costs for a new contractor (if they don't negotiate with the departing contractor) or they are going to have to reimburse the federal government for the money that the federal government invested in the project. With federal transportation grants, the states are responsible for reimbursing the federal government if they do not complete projects. It will cost the state and counties a LOT more not to finish the project than to finish it.
To give you an idea, the project is about $300M over current projections. The original contractor offered the state that they would continue the project with no profit margin for the initial four contractors if the state would pay the overruns. Not sure they'll still take that deal, but it was the starting point. The estimate for getting a new contractor will probably cost around $500M (the $300M for the full project funding, costs to restart with the contractors, e.g. additional overhead, plus a profit margin for the new contractors). The government committed $900M to the project and the state and counties will be responsible for repaying the federal government the $900M if they do not complete the project.
Anonymous wrote:Anonymous wrote:Make the NIMBYs who blocked it pay the costs.
This is why nothing ever gets done in the US. Too many NIMBYs.
Absolutely. I think Montgomery County needs to pay the bulk of the extra costs regardless of the which path the state opts for. The state should just decrease the money that Montgomery County gets budgeted from the state next year.
Anonymous wrote:Make the NIMBYs who blocked it pay the costs.
This is why nothing ever gets done in the US. Too many NIMBYs.
Anonymous wrote:Anonymous wrote:Yes, it's over.
Celebrating!!!!!
Anonymous wrote:Yes, it's over.
Yes, it's over.