Federal Reserve Building Renovation
Sector: Commercial • Location: Washington, District of Columbia, United States
Source: The Globe and Mail
The Federal Reserve has been renovating two of its office buildings in Washington, D.C. The renovation project was first approved in 2017 and has experienced cost overruns, with the current estimate at about $2.5 billion, which is $700 million more than originally expected. The project has faced criticism over alleged ostentatious amenities and possible violations of local building rules. The Fed
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | under construction |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The Federal Reserve has been renovating two of its office buildings in Washington, D.C. The renovation project was first approved in 2017 and has experienced cost overruns, with the current estimate at about $2.5 billion, which is $700 million more than originally expected. The project has faced criticism over alleged ostentatious amenities and possible violations of local building rules. The Fed has stated that increased costs are due to rising material, labor, and equipment costs, discovery of more asbestos than expected, and compliance with height restrictions requiring more underground construction. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |