Sydney. ​ The Cross City Tunnel PPP was signed in 2002. ​ And the toll? ​ ​ To make it worse, the government had promised to close surface roads to "push" traffic into the tunnel. As intelligent as high security officials putting journalists in the WhatsApp groups… ​ ​ Within months:
​ Everyone suing everyone. ​ By 2007, the tunnel went bankrupt. ​ Brutal lessons:
​ Moral: ​ I have other interesting and horror stories about my last project in the link below. ​ ​ PD 1: If you liked this email, don't keep it in secret and forward it to a friend. They will thank you enormously one day. PD 2: If somebody has sent you this email and you want to receive emails like this yourself, visit vicentevalencia.com PD 3: If you want unsubscribe, click the link below. ​ ​ |
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In New Zealand there is a survey about the infrastructure world going on. They ask you two questions: One: how important you think that it is to have a pipeline for decision makers? Answer: critical. Two: how good is the actual pipeline. Answer: useless. The reason is simple. The actual pipeline is a wish list. A list of projects that want to be built. That’s great. But where is the tracking about what is in the pipeline and what is actually being delivered? If that’s not there, there is no...
Today I had some conversations about one of the biggest sources of delay, frustration, and conflict in PPPs:The Review Procedures. Agencies still treat them like they’re signing a traditional construction contract. They micromanage the design. They dive into details they don’t own. And worst of all — they brief their consultants poorly (if at all) on what the review is supposed to achieve. The result? Endless comments that add no value. Delays that push the schedule back months. An...
A few birthdays this week. And you know what. People get older. Time passes by… but they do not necessarily grow up. As Robert Kiyosaki once said “Many people run from mom and dad’s shelter to the shelter of a company or the government”. Take government and you can exchange it by “a company”, “a secure job”, “a long term project”… Too many people spend their lives looking for guarantees and spend all their lives avoiding risk, avoiding growing up, and always looking for a surrogate “parent”...