Sentences with phrase «account for cost overruns»
Sbeih said that Socotra requires a second opinion on the feasibility of any rehab project and adds 10 percent to every budget to account for cost overruns.
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· The cost of building the new LIRR terminal below Grand Central Terminal accounts for more than one - quarter of the cost overrun, having grown from the MTA's initial estimate of $ 709 million to $ 1.9 billion, an increase of 170 percent.