LAS VEGAS, NV: Broken bolts are the reason the roof is not raising at the Raider's new stadium in Las Vegas. This is a new set of roof raising delays The original roof raising delay occurred in September 2019, when parts from the Stadium were stolen that were necessary to raise the roof. LVMPD were hired by the Raiders to guard each entry and exit for about one month.
Broken Structural Bolts Caused by Iron Workers Over Tightening, according to Rick Velotta and Don Webb
According to Don Webb, the bolts are structurally sound but the Iron Workers from Local 872 over tightened the bolts causing them to break. As a result, the roof cannot be raised.
How did they drop the price from $2.4 Billion to $1.8 Billion? That's $600 million!"
The company that Don Webb chose to raise the roof is called Freyssinet. Freyssinet is a French company. This will be Freyssinet's first installation in the United States using their suspension cable roof raising technology. They claim that Don Webb rushed the roof raising before inspections were made which resulted in the bolts breaking.
He said, she said.
The first portion of raising the roof simple: it's a normal hydraulic lift, 4 feet a day. The last portion requires physics and an enormous amount of force to make the roof "pop up. The physics involved in "pinning", according to Don Webb, is precise. "There is no room for error". Don compared the complexity of this roof raising to a "17-acre Swiss watch." (Source: Mick Akers article in the Review-Journal from August 6th, 2019)
Other theories suggest that Don Webb and Mortenson/McCarthy construction cut corners in order to get this project approved. And they rushed it. In 2016, the first stadium bid was rejected because it cost too much; $2.4 billion. They came back with a cheaper proposal for $1.88 billion. Also, most projects take anywhere form 3-5 years. They are trying to do this in less the 24 months. So how did they drop the price $600 million dollars? You can take a guess. We are already over budget by $130 million. That's $2 billion of the $2.4 billion form the original bid and the roof still isn't raised.
Jedi Rich is a former CEO who transformed from a banker into a modern day independent music & film maker.
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