|
|
|
|
|
by rkrzr
814 days ago
|
|
I suspect that the actual cost to rebuild the bridge will be far higher than that. Initial estimates of large public works projects are virtually always too low, and actual costs can easily be 5-10 times higher. There is a great book about this phenomenon (and how to avoid it) by Brent Flyvbjerg called "How Big Things Get Done". |
|
https://en.wikipedia.org/wiki/Tokyo_Gate_Bridge
By my calculations (using the yen cost in the wikipedia article and the JPY/USD conversion at the time), it cost about USD $1.1B, so a bit less than double this estimate.
However, with the way things get done in the US these days, I suspect your 10x prediction is much more likely.