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.
Folks if this JPAS deal isn’t a complete alignment of all the stars I don’t know what is but time is short and I am still processing information. Yes, the internal audit is absolutely devastating but there is more to this story than meets the eye so a quick explanation is in order.
I noticed something was not right when our own Prince Charming, a commenter not known for showing any mercy to those featured and especially commenting on this blog exhibit some toward JPAS executive director Dennis “Maestro” Assaf. Prince was not alone. Yesterday afternoon I received a communique from a reader pointing out that Assaf’s recently deceased father is a member of the tribe, a somewhat legendary one at that. Both these readers knew what was fixing to happen here on Slabbed thus the additional information.
And what was fixing to happen to Maestro on these pages? Allow me to illustrate:
And why would I draw steel, slice and dice? Simple, a concept known as heuristics:
Heuristic (pron.: /hjʉˈrɪstɨk/; or /hyoo-ris-tik/; Greek: “Εὑρίσκω”, “find” or “discover”) refers to experience-based techniques for problem solving, learning, and discovery. Where the exhaustive search is impractical, heuristic methods are used to speed up the process of finding a satisfactory solution; mental short cuts to ease the cognitive load of making a decision. Examples of this method include using a rule of thumb, an educated guess, an intuitive judgment, or common sense. In more precise terms, heuristics are strategies using readily accessible, though loosely applicable, information to control problem solving in human beings and machines.
Brought to you by Dennis Assaf and his family as underwritten by the taxpayers of Jefferson Parish and the State of Louisiana.
Behold the politically connected pests that brought the state taxpayers the Performing Arts Center boondoggle as Mini-me Roberts leaked a copy of a preliminary audit report on the Jefferson Performing Arts Society to Travers Mackel at WDSU and the I Team ran with it. I gotta get me a copy of dat report!
That said I have docs on JPAS in Slabbed’s document archives because one thing I learned going through the archival material from the Goatherderian reign of terror was Dennis Assaf and company over at JPAS were world class pests about getting taxpayer money to support their lifestyle. Throw a consummate BS artist like Aaron Broussard in the mix and them guys sparked off each other like nobody’s business. Here are a couple of examples from TheRiot era (click the pic to nab the pdf):
When politicians bob and weave, it is evident they are trying to deceive and that is certainly the case yesterday at the Jefferson Parish Council meeting as councilmen Chris Roberts and Elton LaGasse took turns trying to distance themselves from their own bad decisions (and worse in the case of LaGasse) regarding the JPAC debacle, 4 years and 79% over budget and counting in the making.
We’ve covered JPAC in-depth here in Slabbed but the picture on the right allows me to reinforce a point regarding the contractor’s specious delay claims which have thus far been paid without much question and on one occasion, with the “help” of councilman LaGasse via a management override that in turn causes people to think he may be on Joe Calderera’s payroll. Before we get to the information contained picture though let’s explore a snippet from Broach’s story:
Roberts asked whether anyone is even working these days on the site, at LaSalle Park in Metairie. Public Works Director Kazem Alikhani said the job is basically at a standstill: The general contractor, J. Caldarera & Co. Inc, “is having a hard time getting subcontractors to work because they haven’t been paid in two years.”
At least part of the reason is that the parish for months has been sitting on two change orders, one for another $8.4 million, requested by the builder. Parish attorney Deborah Foshee said Caldarera has sent the parish a “demand” letter for money, signaling potential litigation.