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Phase 2 delayed??

ragtimejoe1 said:
So, Burman has 25 million put away and is awaiting another 5 million?
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Thats what I took away from the newspaper article I read and the info coming through this board. Maybe not those exact numbers, but a situation where it came in over budget and they are now trying to fundraise the remainder. The article also said the plan is to start after the end of this upcoming BBall season
 
ItSucksToBeACSURam said:
Wyolie Coyote said:
ItSucksToBeACSURam said:
Wyolie Coyote said:
ItSucksToBeACSURam said:
johnywyo said:
We have our T Boone, Ben Blalock one of the best fundraisers this side of the Mississippi. The Golden Goose, what we don't have is an adequate AD. Until we do, the status quo is sufficient.
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How is this burmans fault? The job was quoted in 2011...it's 2015 now. Pricing changes, the price of labor changes, material costs change. This is part of construction. Estimating and forecasting might as we'll be voodoo because it's impossible to accurately predict 6 months out sometimes let alone 3-5 years. This is not an AD problem. If anything I give the Athletic department credit for saying whoa, let's get this right even if it means delaying
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Come on man. Anyone in business knew it would cost much more 4 years later. There should have been excess funds raised for just such circumstances. It is not like this is a rarity. Construction costs rise year after year, yet we thought a 2011 estimate would remain unchanged in 2015. That is pretty short sighted.
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Seriously! In 2011 when the construction firm sad 25 million he should have actually said no, 30 million? Are you serious? Tom Burman is supposed to be the expert on the University of Wyoming AND the construction industry? Negative. Thats why companies bid these projects....they're the expert. He raised what he was told he needed. Its not like he's asking for $1000. He is asking for millions. You ask and ask and ask and sometimes you ask too much. This is a situation not limited to UW and Burman. This kind of thing happens all the time in the construction industry. You're quoted one price and then it changes. There are thousands of jobs that get halted or cancelled all together due to price increases. C'mon man, sometimes things happen that are outside of the control of those involved. You want to rag on Burman for Phase 2 getting delayed, wheres the love for Burman getting Phase 1 done without a hitch?
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Like I said, you should always be prepared for inflated costs especially when the project is 4 years out. He has known for a year that they would be short funds. Where was the foresight to get the additional funding to complete? And if you think Phase I went off without a hitch, better check the numbers. That is part of the issue.
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Correct. Because the price of building went up... I'm not sure what you're missing here.... The construction firm didn't have the foresight on this, why the hell should the Athletic Department....
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You don't think finding out that Phase I cost more than estimated would have alerted you to secure extra funding for Phase II?!
 
Calpoke is right. This isn't the AD's fault except for dangling the carrot of phase 2 out in front of our face all year. Not sure what I'd have done after phase 1. I would have done same, I think. Let's enjoy new renovations before I break the news
 
So here's my semi-inside view.

1. The athletic dept has no control over this process. This is ran out of the facilities planning office. Sure, they are active participants and can decide on options, wants, needs etc during design phase. The construction process is out of the ADs hands and the construction phase is when you figure out what it really will cost. Up until that point it is all estimates.
2. It didn't just come in over budget, the entire design was flagged by more important people than those at the university or so is the rumor. They didn't like the current design which had been "value engineered" to cost less and wanted it more like what was in the conceptual design phase.
3. The club seating is in an awful spot. It isn't at half court, it is at the south east end takes up four of five rows of the Knothole section. I have no idea why any donor would pay for seating there. It is flat out terrible.
4. The High Altitude Training Facility (HATF) took precedence to this project. They really wanted the HATF. This project, much more than the Arena remodel, will help make Wyo sports more competitive.
 
1. The athletic dept has no control over this process. This is ran out of the facilities planning office. Sure, they are active participants and can decide on options, wants, needs etc during design phase. The construction process is out of the ADs hands and the construction phase is when you figure out what it really will cost. Up until that point it is all estimates.
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Of course.

I've been amused by many posts on this thread, from those who seem to think the AD runs a construction planning firm.
 
elfletcho said:
So here's my semi-inside view.
4. The High Altitude Training Facility (HATF) took precedence to this project. They really wanted the HATF. This project, much more than the Arena remodel, will help make Wyo sports more competitive.
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So, there is no money squirreled away? The HATF took it or do we have 25 mill ready for phase 2?
 
The crazy thing is, they "club seating" isn't even really club seating. It is more like a bar from which you can look at the back of the southeast backboard. I really don't understand the purpose other than being a place for rich donors to get an overpriced beer.

As far as money squirreled away, sure the university is better than most when it comes to this. But they rarely use it on capital projects, that cash comes directly from the state in a one time appropriation. If it is a matching type of project, generally the university will raise the match first, then the state will approve its contribution.
 
saddest part is the longer they wait the more the cost go up and up and up, it's the day and age we live in. We truly need corporate sponsors to help with naming etc...as nothing's cheap anymore. On this hopefully the classes that deal in business and bidding learn from this dealing with negotiations on a localized basis, to help in teaching best
 
So we need 30 million to do phase 2 and are coming from 0?

To me that is a key point. If we need 30 million (or so) and have our 25 million on hand, then no big deal.

If we need 30 million and have 0 on hand, our AD dropped the ball.
 
ragtimejoe1 said:
So we need 30 million to do phase 2 and are coming from 0?

To me that is a key point. If we need 30 million (or so) and have our 25 million on hand, then no big deal.

If we need 30 million and have 0 on hand, our AD dropped the ball.
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I don't know why we would be starting over from 0. We had the money earmarked for the construction and money donated specifically for the AA(at least I think we got donations and matching money from the state for it). They couldn't take money that was given for the AA and spend it elsewhere, at least not very easy.
 
ragtimejoe1 said:
So we need 30 million to do phase 2 and are coming from 0?

To me that is a key point. If we need 30 million (or so) and have our 25 million on hand, then no big deal.

If we need 30 million and have 0 on hand, our AD dropped the ball.
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This is what's troubling. No one seems to have a good answer for this, which usually means someone dropped the ball.
 
TSpoke said:
I don't know why we would be starting over from 0. We had the money earmarked for the construction and money donated specifically for the AA(at least I think we got donations and matching money from the state for it). They couldn't take money that was given for the AA and spend it elsewhere, at least not very easy.
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I was wondering if anyone knew for sure. I would agree with your speculation, and hope you are correct.

This is what's troubling. No one seems to have a good answer for this, which usually means someone dropped the ball.
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I'm wondering if any or how much of the money is even in place. Even if the money were in an account at 5% return, that would be 1.25 mill per year. That would mean return on investment alone would get us there in 4 years (unless costs continue to climb). With that said, I don't know the legalities of investing such money, but I would like to hear more about the financials of the project.
 
Aaron said:
If I would win the goddamn lottery I would make a sizable contribution
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Hell if I won a lottery I'd pay them to rip it down and build something real! I never liked it being round I dunno why probably because of how the seating fits and after going to T&M for the tournament that is the type of arena I would love to see the Pokes in.
 
My pipe dream:

Tear down the War. Rebuild with (ideally dome with retractable roof, but, well you know) a new stadium. Close off the North end with a side of a new bball arena. Have a special suite(s) that overlook the court on one side and the football field on the other. Connect the stadium, bball arena, Rochelle Athletics Center, and IPF with a tunnel system or above ground walkway.

If I win a huge lottery, expect that set-up at WYO.
 
ragtimejoe1 said:
My pipe dream:

Tear down the War. Rebuild with (ideally dome with retractable roof, but, well you know) a new stadium. Close off the North end with a side of a new bball arena. Have a special suite(s) that overlook the court on one side and the football field on the other. Connect the stadium, bball arena, Rochelle Athletics Center, and IPF with a tunnel system or above ground walkway.

If I win a huge lottery, expect that set-up at WYO.
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I'd sign off on it
 
That would be one hell of a lottery jackpot. The football stadium you mention alone would be $300+ million.

Having said that, I dig it. You throw in your winnings and I'll pledge at least $20 to the cause! :D
 
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