New stadium cost goes up from $1.4 billion to $1.54 billion.

[Southern_Bills]

19 minutes ago, Matt_In_NH said:

Inflation..........no on should be surprised

 

Absolutely, as an electrical contractor jobs going higher than expected when it's a long term project is the new norm.

 

Hope all the contractors priced everything to account for inflation, most contracts tell you to now as they won't pay the difference at the end.

[BillsPride12]

22 minutes ago, HurlyBurly51 said:

No worries...PSL's will cover it

Yeah they just went up 5K a seat 

[The Wiz]

3 minutes ago, HOUSE said:

Open the beer concession stands 15 minutes earlier, we could pay for this in one week 

 

Keep them open in the 4th qtr next season and the stadium will be all but paid for.

[Mike in Horseheads]

I think the additional costs were for Canisius BB to play there

[Augie]

5 hours ago, The Wiz said:

Keep them open in the 4th qtr next season and the stadium will be all but paid for.

 

PLUS, the county will get all THEIR money back from DUI fines! Win/win! And it will feed the lawyers! What’s to hate here? 

 

 

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Edited April 8, 2023 by Augie

[WhoTom]

53 minutes ago, JJGauna said:

But how will this affect the renderings?

 

That's what the extra $140M is for.

 

 

[TheBrownBear]

Makes sense given the new renderings that were released which I've attached below.

[MJS]

9 minutes ago, TheBrownBear said:

Makes sense given the new renderings that were released which I've attached below.

Just slap a coat of paint on that and call it good.

[Simon Says]

49 minutes ago, mrags said:

Are we sure it states bigger canopy “covering the fans” because all I saw the other day when this came out was bigger canopy. For all we know that’s covering concessions somewhere, or ticket checkers, or in the walkway on the way in. Which I guess would cover fans, but we don’t know for sure it’s what I’m assuming you mean by overhang inside the stadium. 
 

I believe you are right but let’s not assume that’s 100% accurate is all I’m saying. 

Go look at the drawings and see if you can comprehend 

[Pine Barrens Mafia]

1 hour ago, cba fan said:

Now reported the deal is for $1.54 billion and Pegs is responsible for the $140 million additional cost from the original of $1.4 billion.

 

so we have cost overrun before one shovel is in the ground yet. lol. Considering the long construction timeframe, the volitivity of steel and supplies prices, some add ons these projects always get, and some inevitable construction cost surprises, you can bet this will approach 2 billion when done. 

Pegs is responsible for all cost overruns. 

 

I was widely criticized for harping on Pegs would end up paying over 50%, however, that is on track as we speak.

NY state     600 mill

Pegs/NFL   550 mill(250 mill is from NFL program Bills pd into for decades and will pay in for eternity. So is Pegs contribution. Bills actually eventually will pay

                                  more into this then they get out of it until next new stadium is built in Buffalo)

Erie Co.      250 mill

Pegs             50 mill for Highmark demo.

cost o-run  140 million Pegs cost.

 

so Pegs is paying $740 mill already. Almost 50% already.

Gotta love new York state 

46 minutes ago, Matt_In_NH said:

Inflation..........no on should be surprised

"Inflation"

 

More like some crooks in smallbany needed their pockets lined 

[Momma Pecoraro]

Dome now.

[machine gun kelly]

48 minutes ago, Matt_In_NH said:

Inflation..........no on should be surprised

Shocker, a govt sponsored product has higher actual costs.  That never happens.  (Insert sarcasm here)

[PrimeTime101]

55 minutes ago, HOUSE said:

We need a smaller visitors locker room with 2 light bulbs. 

angle the stadium properly so just the visiting side gets the most snow. 

[transplantbillsfan]

It's going to keep going up. 

[SydneyBillsFan]

1 hour ago, HOUSE said:

We need a smaller visitors locker room with 2 light bulbs. 

 

How about hybrid toilet/showers and wash basins/urinals as well?

1 hour ago, Southern_Bills said:

 

Absolutely, as an electrical contractor jobs going higher than expected when it's a long term project is the new norm.

 

Hope all the contractors priced everything to account for inflation, most contracts tell you to now as they won't pay the difference at the end.

 

Yes, that is known as a rise and fall clause - although it never falls in my experience.

[notwoz]

Jeez. A 10 percent increase in construction costs. I say let the team move to Toronto because Bills fans won't put up with such fiscal legerdemain!

 

[The Wiz]

1 hour ago, Augie said:

 

PLUS, the county will get all THIER money back from DUI fines! Win/win! And it will feed the lawyers! What’s to hate here? 

 

 

.

And the ones that aren't caught will be supporting the local food industry from buying a dozen tacos meal from taco bell per person!

[Augie]

1 minute ago, The Wiz said:

And the ones that aren't caught will be supporting the local food industry from buying a dozen tacos meal from taco bell per person!

 

I’ve got to believe that is very good for the plumbers out there. 

[aristocrat]

Maybe they can Airbnb to make up the costs?

[Mr. WEO]

2 hours ago, cba fan said:

Now reported the deal is for $1.54 billion and Pegs is responsible for the $140 million additional cost from the original of $1.4 billion.

 

so we have cost overrun before one shovel is in the ground yet. lol. Considering the long construction timeframe, the volitivity of steel and supplies prices, some add ons these projects always get, and some inevitable construction cost surprises, you can bet this will approach 2 billion when done. 

Pegs is responsible for all cost overruns. 

 

I was widely criticized for harping on Pegs would end up paying over 50%, however, that is on track as we speak.

NY state     600 mill

Pegs/NFL   550 mill(250 mill is from NFL program Bills pd into for decades and will pay in for eternity. So is Pegs contribution. Bills actually eventually will pay

                                  more into this then they get out of it until next new stadium is built in Buffalo)

Erie Co.      250 mill

Pegs             50 mill for Highmark demo.

cost o-run  140 million Pegs cost.

 

so Pegs is paying $740 mill already. Almost 50% already.

 

Is your laptop autocorrecting PSLs into "Pegs"?