However, until there are no stop signal overruns
, WMATA can, and must, do more.
Average cost overruns
at various contract completion points are compared with projected final cost overruns
estimated by contractor and government personnel.
The claimed cost overrun
is roughly half of Grupo Unidos por el Canal's original $3.
The time overruns
are likely to be accompanied by cost overruns
also and vice versa.
CRISIL believes that GJRLA[cent sign]a'[not sign]a"[cent sign]s project will continue to be delayed because of uncertainties in the quantum, and time of release, of annuity from National Highways Authority of India (NHAI; rated AAA/"stable" by CRISIL); GJRL proposes to use the annuity for funding the cost overrun
When it comes to individual ministries, it's the railways where the cost overrun
of projects is a whopping 82 per cent of the original cost.
Parties failed to reach an agreement on how the 11 million Euro cost overrun
would be shared, at the last meeting on January 26, which was attended by Airbus President Thomas Enders and EADS President Louis Gallios and undersecretaries from client countries: Belgium, Britain, France, Germany, Luxembourg, Spain and Turkey.
From 2000 to 2007, auditors who examined major US weapons contracts found that cost overruns
added up to $295bn - a 700 per cent increase during the administration of George Bush, Obama's predecessor - while delays rose from 16 months to 21 months.
One of the most significant overruns
is the cost of demolishing the existing stadium and erecting recreational facilities in its place.
Technical complexity accounts for an ever-increasing percentage of weapons' cost overruns
, according to Deloitte.
NR was fined a record u14 million by the Office of Rail Regulation (ORR) for the overruns
, the worst of which was at Rugby on the busy London to Scotland East Coast Main Line.
The committee said the overruns
were "unacceptable" and it was also "deeply concerned" about rising fares.