Bert Stedman
11:46 - 12:20
"I think just for clarity on the $60 billion, that is the mid-range number of the Phase 1 and Phase 2, which is $49 billion plus a 20% contingency."
“I think just for clarity on the $60 billion, that is the mid-range number of the Phase 1 and Phase 2, which is $49 billion plus a 20% contingency.”
- Speaker
- Bert Stedman
- Timestamp
- 11:46 – 12:20
- Community
- Alaska News
- Location
- Alaska
- Captured at
- June 8, 2026
From the transcript
We have that in the appendix at the end. Senator Steadman. Thank you, Mr. Chairman. I think just for clarity on the $60 billion, that is the mid-range number of the Phase 1 and Phase 2, which is $49 billion plus a 20% contingency. So that's important because most of the dollar costs that are reflected in the news media is without the 20% contingency.
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