This bombshell has been ticking away on the Internet for more than a week.
Jul 4, 2013, 3:56 AM
wait until the final cost overruns become public....yowza....upwards of 20%....still dealing with screw ups like having to go back and insulate a two season mechanical system.
We're not going to identify the source other than to say its A Person In A Position To Know.
The official price of the Winnipeg Blue Bombers stadium is $190 million. Add a 20 percent cost overrun ($38 million) and you have a stadium that's costing almost DOUBLE what was originally proposed to city taxpayers.
But, but, but...wasn't the stadium built at a fixed price, with all overruns the responsibility of the contractor? Phil Sheegl, chairman of BBB Stadium Inc. (Blue Bombers-Bisons), the entity that built the stadium, says so. http://forums.bluebombers.com/index.php?topic=32791.0
But The Person In A Position To Know says not.
...not a guaranteed price contr…