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Privatization Costs City $720 Million

Started by Socialist
over 15 years ago
Posts: 2261
Member since: Feb 2010
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Is it just me, or is it hard to find an article about government privatization that do not include the words "prosecutors allege"? Main CityTime contractor, Science Applications International Corp.'s records subpoenaed by Feds SAIC, after all, has been designing CityTime for more than 10 years. During that time, the project's cost has exploded from $63 million to more than $740million and it is still not done. http://www.nydailynews.com/ny_local/2011/01/05/2011-01-05_main_citytime_contractor_science_applications_international_corps_records_subpoe.html?r=news
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