First, if you just wanted to renovate a single bathroom in a DC fed building....by the time you finish with the simple project....you probably would have spent near $200,000. So with the one single Fed building....you can figure any upgrade/improvement....would have been $500-million.
Second, at the end of 2024.....at the one-third point of the project....they'd spent near $700-M.
By the end of 2025, they'd spent near $500-M.
At present, the end-total will be in the range of $2.5-B.
Third, none of the money is congressional-given funds....it's Fed-profits.
You can figure that the project....probably still 30-to-40 percent to be done....will go past the $2.5-B.
So Powell probably didn't grasp the full details of what was going on, and some investigation will reveal crappy planning. Worth jail-time? I doubt it....but some kind of change has to occur to prevent this from repeating.
No comments:
Post a Comment