The Economics of Airport Projects: Denver’s See No Evil Approach

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    The new Denver airport hotel and related train station project are so far over budget that the project's independent watchdog is incurring a 137% cost overrun. Yet the airport doesn't think it's fair for an independent auditor to claim current projected costs (which could still rise) of $721 million off of a $500 million budget. With some creative accounting they're 'only' over budget by 17%. ...Nonetheless, the airport contends that: Continue reading The Economics of Airport Projects: Denver’s See No Evil Approach...

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