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$6 billion and counting.
I just saw a news item on TV and it appears an Adelaide company has won the tender to build 3 Air warfare destroyers
"The nations biggest and most complex defence project"
The winning company won because of their "Value for money bid"
This same company "built" ( and I use that word lightly) the Colins class submarines.
I wrote about those in the"solar power" category
The cost stated is $6 billion.By the time they're finished I bet you can add on another $3 billion.
Tender low to win the contract and add on later
One reason for the reluctance to install flashing lights at school zones is cost.
There would be more money around if less was wasted.
I know Defence is Commonwealth, but NSW has it's own little "collins class " projects.
The Mellenium train for example. How about those super trendy plasma screens at the train stations. hard to read and expensive.
What's the life expectancy of that technology?
How much is wasted on unnecessary whims?
As Alan Jones once said, "It's easy to spend someone else's money."
This entry was posted on 01 Jun 2005 at 00:43 by hstephens and is filed under All.