Post by CrashPost by Rich80105On Thu, 11 Jul 2024 21:01:04 -0000 (UTC), Tony
Post by TonyPost by Rich80105On Thu, 11 Jul 2024 07:22:55 -0000 (UTC), Tony
Post by TonyPost by Rich80105https://mountaintuihere.substack.com/p/the-kiwirail-interislander-saga-continues
Yet another National / Nicola Willis mistake . . .
Nothing compared to the cost overruns that the last government's error would
have led to if this government had not fixed it.
Would that they had fixed it - they have cost at least $484 million
one just one aspect of it, and still without an order in to replace
the ones already under way. We also do not know about any penalties in
the contract that they cancelled.
If you don't know then we may assume there are none.
You can assume all you like, but it does not make it true or false. It
just indicates that you are ignorant.
Post by TonyThe cost due to the incompetence of the last government is at least $3 billion.
No contest with one sixth of that.
Do you have any evidence of your unsupported assertion?
I will await Tony's response, but I also observe you ignore the facts
that do not suit your political bias. The cost of IREX would have
increased from $775 million to $3 billion if the government had
approved support to Kiwirail to fund the blowout.
Did they approve that increase?
There were two linked projects - one was to purchase two new ships,
needed as the existing ships are nearing end of life as has been
adequately demonstrated. A second related project is the berths at
each end - needed to cope with increases in usage (current and
future), but also to allow for seismic risks - more clear following
the Kaikoura earthquakes, and also at the Wellington end efficiencies
with the port to allow for increasing cruise ships as well as seismic
concerns.
Most of the loss incurred by the new Government (at least so far) has
been through Willis canceling the order for two ships; I do not recall
seeing any advice regarding that cancellation . . .
Most major projects are presented on the basis of current costs, and
it is expected that future budgets will need to allow for cost
inflation and adjustments to allow for unforeseen issues. Most will be
aware of the cost increases that affected the Kapiti Expressway for
example. We have yet to see analysis of increases to the State Highway
1 Cook Strait terminals project(s).
Post by CrashGoogle 'Kiwirail
IREX project' to get multiple links pointing to project detail. On
that basis the write-off of costs to date (as some of those Google
links shows) is small change compared to the amount saved.
Kiwirail have clearly shown with the IREX project in particular and
the Interislander in general that they are not capable of running a
shipping service without government support.