At the same time, significant cost overruns on U.K.-based projects pressured profit margins further.
Even excluding charges associated with cost overruns in 2008, the operating margin improved 216 basis points.
And worries linger about cost overruns, which plagued the U.S. industry 30 years ago.
Once construction starts and millions are spent, Mr. Marlin said, subsequent cost "overruns" are the norm.
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Its record on running civilian nuclear power projects is one of constant delays and huge cost overruns.
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Massive cost overruns would send liberal planners back to the drawing board for a much higher price.
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Now it will be further delayed because of the all too predictable cost overruns on the Olympics.
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"I don't recall it being part of our discussions, " Mr Bly said, when asked about the cost overruns.
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Berliner Frank Welskop has written a book attacking the project's years of legal battles, delays and budget overruns.
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Safety, then, may well result in delays and cost-overruns: two factors not entirely unfamiliar in building nuclear plants.
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New Jersey Gov. Chris Christie spiked the rail tunnel three weeks ago due to concerns about cost overruns.
"They are guaranteed to make a profit on the cost overruns, " Dooley said.
But several contractors in Iraq, including Halliburton, have been cited for cost overruns.
Historically, government-owned and operated satellite systems have suffered from delays and cost overruns.
Unfortunately in January of 2008 the Department of Energy canceled funding for FutureGen, citing cost overruns and budgetary challenges.
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In addition to a 70% dividend cut, Penn West has suffered operational and production snafus as well as cost-overruns.
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Screwing this up can result in short supplies, cost overruns and unhappy customers.
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And if a system is plagued by cost overruns, it should be reformed.
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Mr. Fleming, Anguilla's chief minister, denied in an interview that government construction guidelines had led to the cost overruns.
As amply reported, cost overruns and delivery delays have plagued the Dreamliner.
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The 787 program at Boeing was plagued by cost overruns and production delays.
Sullivan says the cost-plus deal in Massachusetts failed to create incentives to hold Bechtel and PB accountable for cost overruns.
Cost overruns as they affect continued allied support for procurement of the F-35 comprise another problem the firm must resolve.
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Consolidating the process eliminated production overruns and made it possible to get a clearer picture of what was actually happening.
Not exactly news many equity analysts would be cheerful about today, particularly with serious cost overruns afflicting fiddly LNG developments globally.
The report said the management of the three projects indicated there were "serious deficiencies" and the overruns were "quite simply unacceptable".
Such projects usually face hurdles due to red-tape, such as obtaining clearances from multiple authorities, leading to time and cost overruns.
Voters remember Mr Clark for fiscal deficits, fudged budget figures, stiff tax increases and huge cost overruns on a ferry project.
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That is far below what most project-financiers would expect for assuming the risks of corporate bankruptcy, construction delays and cost overruns.
The train companies will hold trains if an event overruns and they are putting on an extra 4, 000 services during the Games.
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