“Maximizing Budgets for Large-Scale Projects: Understanding the Additional Costs of the New Metro”

2023-05-25 04:28:00

How to explain it? First of all, you have to know that with projects of this size, you always have to consider additional costs. First, there is inflation, therefore the overall increase in the cost of living, and the rise in the price of materials. We generally expect a maximum of 1/4 more costs at this level.
For this site, there are also all the modifications that have been made following the various public inquiries, disputes, requests from the municipalities crossed, or from local residents. All of this comes at a significant cost. There is also the multiplication of all these studies, which are expensive.
Finally, the longer a project takes, the more it costs given the salaries of the teams working on it. And here, we’ve been talking regarding this new metro for…almost 15 years!

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