As the presidential election nears, a review of federal spending data found modifications to contracts have increased the price of the border wall by billions, costing about five times more per mile than it did under previous administrations.
On the same day in May 2019, the Army Corps of Engineers awarded a pair of contracts worth $788 million to replace 83 miles of fence along the southwest border.
The projects were slated to be completed in January 2020, the Corps said then. Four months into this year, however, the government increased the value of the contracts by more than $1 billion, without the benefit of competitive bidding designed to keep costs low to taxpayers.
Within a year of the initial award, the value of the two contracts had more than tripled, to over $3 billion, even though the length of the fence the companies were building had only grown by 62%, to 135 miles. The money is coming from military counter-narcotics funding. Continue reading.