02-10-2018, 10:39 PM
(02-10-2018, 01:55 PM)Pheidippides Wrote: Why did the city let the LRT consortium off the hook for $1M?
City officials, including mayor, have been wily about — or didn't know — what contract says
Another example of why P3s aren't always as great as they are made out to be.
It being a P3 is not the fundamental problem. Not managing the project properly is the problem. If you negotiate a good contract and you manage it well, P3 can work just fine. The same is true for any private company outsourcing a project: managed badly, it will be a disaster, managed well, it can be as good as or better than doing the project internally.
And, yes, if you don't have the desire or capability to manage the outsourcing project, you simply shouldn't do it.