Talking Transportation 2024
State Government and Money: The Good, the Bad and the Ugly
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When we are spending our own hard-earned money, we are usually pretty cautious, especially in these tough times. But when it comes to spending OPM (Other Peoples’ Money), who cares? A few examples from the news highlight government’s cavalier attitude in this regard:
The $16 Million Bridge
CDOT is justifiably proud that it could rebuild the Fairfield Avenue bridge on I-95 in Norwalk damaged in a fiery crash last May, finishing months earlier than predicted and under budget, at just $16 million (compared to the initial estimated $20 million). Kudos to the (no bid contract) construction company — and to the fact that 80% of the cost will be paid by the Feds. Yes, once again, it’s OPM to the rescue.