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0:39

Bert Stedman

102:09 - 102:49

“this committee has spent year after year after year dealing with construction projects all across the state and we have massive inflation and cost escalations over the last decade to the point where we've had to put in tens of millions of dollars backfill for OMB— excuse me, not OMB, but our contractors to facilitate the completion of their contracts”
Community
Alaska News
Captured at
May 27, 2026

From the transcript

Yeah, well, okay. So I hope when Glenfarm comes in here and has a discussion, they use a little more accurate numbers because this committee has spent year after year after year dealing with construction projects all across the state and we have massive inflation and cost escalations over the last decade to the point where we've had to put in tens of millions of dollars backfill for OMB— excuse me, not OMB, but our contractors to facilitate the completion of their contracts, even several years ago dealing with asphalt.

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