And what a pound of flesh it was:
Jefferson Parish and arts center builder reach deal, includes $6.6 million for delay charges ~ Manuel Torres
Whudda you figure Caldarera had estimated as profit going into the $26MM project? At a 10% margin the total profit on the job would be $2.6MM. Yesterday he collected almost 3 times that in delay charges (on top of the millions in delay charges already paid) as the final shafting of the Louisiana taxpayers is almost complete. Once the boondoggle is complete next year it will house the performances of the taxpayer supported family and friends organization also known as the Jefferson Performing Arts Society.
Anyone know how much the evergreen costs will be required to pay for this boondoggle. The flood insurance alone is sure to be astronomical.