Denver is remodeling its airport at a cost of $1.8 billion, although it is already over budget by hundreds of millions, and it may not be finished until 2025. The original budget was $650 million and it was supposed to be done by 2021.
The construction contract ran 15,000 pages. Denver just fired the prime contractor Great Hall Partners, but doesn't have a replacement yet. Denver owes the contractor more than $200 million for money it already spent on the project. What a mess! The good news is that money is no object. They can just sell more bonds, which are at record-low interest rates, and then increase airport fees as needed to cover the costs.
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