This project will investigate strategies that help provide cost surety to the oil sands construction industries. The project will begin with a review of the historical cost overruns and the lessons learned. The next focus point will be reviewing the demographics of Wood Buffalo to demonstrate the changes that have occurred since the early 2000s and refute the labour availability claim. Following the demographic review we will review construction contracts and the use of good faith as a contractual term. We will then conclude with a review of a unit rate simulation and discussion. --Leaves 2-3.
