Gritt23
New member
Bigger stadia have been built quicker without the accelarated programmes
Finance won't be a problem
Metal prices have been steadily falling for 2 weeks now and are still expected to slide further
I can't say that convinces me of anything.
Of course bigger stadiums have been built faster, but on a programme that was ALWAYS priced up to be built at that speed,an "accelerated programme" is when you go back to the contactors and negotiate how you can build it faster than was originally priced. However you look at it we will start late (months late) and therefore what was once a July finish, would suddenly be September / October if built to the same programme, and then you need to pay for an "accelerated programme" to make the timeframe of the project shorter.
How will finance not be a problem, do you know something about the credit crunch that you could share with us. The cost of financing is going up, so we need to be aware of that, and would undoubtedly have been able to agree a cheaper financing package 6 months ago. The cost is rising, no two ways about that.
As for metal prices, all I know is what I've seen, and we've had two sizeable price rises at work from out metal suppliers so far in 2008 (total of about 30% rise) and we have been warned that there may be a further 15% price rise in September. That suggests to me the cost of the stadium will also be rising. Again if you are privvy to information that I don't know about, I would be keen to hear about it.