Inflation and building big things: the case of the Willits bypass and the prospects for alternatives. What is behind cost increases for construction, will they continue, and if so what does this mean for our transportation future?
While the details on the show are mainly local, the show begins by placing the discussion into a broader context. It draws, in part, from a press release dated Nov. 16, 2006, by The Associated General Contractors ofAmerica:
"According to AGC's Chief Economist Ken Simonson, since early 2004, the financial viability of all types of construction projects has been jeopardized by sudden, steep, and generally unanticipated price spikes affecting numerous key materials," said Massie. "No construction segment has been affected as much as highways."
Jason Bradford hosts The Reality Report, broadcast on KZYX&Z in Mendocino County, CA.