Quote:
Originally Posted by Pierre
It’s like when Man Utd or City make a bid for a lower league player, you can add another zero to the price tag.
Government projects = government money = taking the piss.
If it was a private investment scheme there would be more accountability and it would come in closer to budget.
But you would never get private investment in HS2 because it would never return on its investment because it was never needed.
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One of the problems according to the people who did HS1 was that the budget was announced so companies tendering had an idea of how much they could fleece the government for.
As for private investment, that's why the Government should do private infrastructure projects. If you evaluate each single project on how much return on investment you'll get from that specific project then nothing with the long-term in mind would ever get built.