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SBD/Issue 21/Collegiate Sports
Rutgers Univ. Officials Unveil New Ethics, Oversight Measures
Published October 14, 2008
|Rutgers Univ. Seeks Ways To Cut Cost
On $102M Football Stadium Expansion Project
ECONOMIC EFFECT: In New Jersey, Erica Harbatkin reports RU will "re-bid part of the $102[M] football stadium project as part of a wider effort to decrease costs," but officials "could not elaborate on how the changes might affect the project's scope." Bidding will close "in late October and the process probably won't be completed until early December" (HOME NEWS TRIBUNE, 10/14). McCormick said that the credit crunch "will force the university to take a 'hard look' at all building projects." In New Jersey, Patricia Alex notes McCormick "has been vague" on whether the $102M football stadium project "will be scaled back but has said it must come in on budget." Given the growing costs of materials and credit, it is "unclear what changes will be made," but McCormick said that he "has asked the athletic department to 'develop options' for the stadium" (Bergen RECORD, 10/14).