Project Specifications
It is reasonable to assume that all of the specifications for this project should be frozen. However, it appears that certain parties may not be completely aware of these specifications leading to change requests as issues are realized. These project specifications must be immediately reviewed. If further changes are going to be requested, these requests must be received immediately. By scheduling a specification meeting, which will likely last for several consecutive days, the director and program manager will be able to confidently freeze the specifications.
Finance Situation
On a parallel, but separate path, the director and city officials may need to consider re-financing the bond package. The current financing package was established based on a specific timeline. The fact that there is a lack of anticipated cash flow may be causing certain decision makers to engage in activities to get things done quickly rather than done right. Essentially, it appears that moving forward with the right plan will actually lead to completion quicker than moving forward with a fast plan. If indeed decisions are made because of pressure to get things operational therefore leading to a revenue stream to support the debt service, refinancing could relieve this pressure.
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