Fed Says Design Elements Like Marble, Waters Features And A Garden Terrace Did Not Materially Contribute To Cost Overruns; Fed Board Along With Forst Will Establish Fixed Metrics For Remaining Project Budget And Schedule; Forst Will Report To Fed's Board And Chairman
https://oig.federalreserve.gov/reports/board-eccles-1951-renovation-construction-costs-sep2026.htm
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Why It Matters
The Federal Reserve is investigating why a building renovation cost way too much money. They will now track spending more carefully to stop this from happening again.
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