It's mind boggling that's for sure. Especially for an organisation that has decades of experience with large projects?
Its gone beyond pathetic, gross incompetence and gross recklessness. All senior management involved in that contract costing and approval should be fired.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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