Oh right, the reason I said I didn’t have a source was because it isn’t an accurate source
I heard Ian from Coasterforce say something once too, something along the lines of I was the most beautiful man in the room.^^^^^^ the comment was liked by dan from midway mayhem tho, who is a reliable source
How come work resumed on Iron Gwazi then?I'm sorry but the person who made that tweet is very misinformed/just plain wrong. Liens don't just disappear, and nearly all the liens are still active. Once a lien gets paid off, a "Satisfaction" document gets filed. So far, SeaWorld has paid off four of their liens, three of which were to Orange County Utilities for unpaid water/sewer service for each of their parks (SeaWorld, Aquatica, Discovery Cove). The only other lien that's been paid off so far is to Hubbard Construction Company for some of the paving work done for Ice Breaker.
Actually it might’ve meant that a deal has been made for everything except for the water slides. For example, they have started construction again on Iron Gwazi yesterday but haven’t payed everything off, otherwise would have a Satisfaction document, btw where do you find all these liens and Satisfaction documents?I'm sorry but the person who made that tweet is very misinformed/just plain wrong. Liens don't just disappear, and nearly all the liens are still active. Once a lien gets paid off, a "Satisfaction" document gets filed. So far, SeaWorld has paid off four of their liens, three of which were to Orange County Utilities for unpaid water/sewer service for each of their parks (SeaWorld, Aquatica, Discovery Cove). The only other lien that's been paid off so far is to Hubbard Construction Company for some of the paving work done for Ice Breaker.
Are Busch Gardens only allowed to open IG if they pay everything they owe rmc?I don't know the legalities of it, but for the kind of sums RMC were owed from the previous documents we saw, it wouldn't surprise me at all if they have agreed a new payment plan with SW (and have maybe received the first installment). This would mean RMC could send their crew back in, but the lien still remains 'live'.
In other words, if the Satisfaction document can only be issued once the full/final payment is received, that may be a while off.
Depends on the way the contracts are written.Are Busch Gardens only allowed to open IG if they pay everything they owe rmc?
Are Busch Gardens only allowed to open IG if they pay everything they owe rmc?
Oh ok, so you know if they’ve made a deal with premier and b&m over ice breaker and the penguin coaster?Depends on the way the contracts are written.
Let's say SW owe RMC $12m, which they have agreed (in the early contract terms) to pay over twelve installments*, $1m/month for a year. Come month 9, SW stop paying. RMC then issue the lien formally recognising that they're still owed $3m, and that until they're paid in full* they won't sign over the coaster to SW (and therefore the park are not allowed to open the coaster - actually nothing to do with the fact it's a coaster, it's a contractor/client liability issue on a construction project). Now, let's suppose RMC and SW have entered into a new contract* (or sub-clause/amendment/whatever-the-word-is) to pay off the remaining balance ($3m) over the next two months (now $1.5m/month) - happy days. RMC have a new contract*, which they can subsequently hold SW accountable to.
There will also be lots of additions to the $12m during the course of the project - so usually the final payment(s) are agreed* towards the end of the project when the final account sum (and settlement of it) is better known. This can, and often does, run past the completion date of the project*. There is risk for RMC (and SW), but it is well understood these days and there are strong legal frameworks in place to protect RMC and SW.
RMC signing the coaster over to SW is not the end of their involvement in the process, it just means SW can legally operate the coaster. RMC will be under contract for further commissioning*, a defects liability period* and warranties* (although this doesn't include the future maintenance side of things, which is generally separate). The point being, that RMC still have 'work to do' on the coaster, even when it's handed over, so the payments don't necessarily have to be complete before the coaster opens, as there is motivation for SW to keep RMC 'coming back'.
*Everywhere I've put a star is where a different contract, specific to this coaster/park/locality/nation/framework, could be at play. There's a reason why project management firms make big bucks on negotiating this landscape.
The lien, however, is simple - it can only be cleared (Satisfied) once the $3m outstanding at the time issue of the lien is paid. Liens are nothing more than record keeping.
Numbers are all made up, and I'm no expert, but this is generally the way these things work out.
Man, that was a bit of a word-flood. Dunno if it makes any sense!
How come work resumed on Iron Gwazi then?
Source please.
New patent filed by B&M, looks like the Surf Coaster may be a refined version of the Stand Up coaster with the modern vest restraints found on the wing coasters, newer dives and Banshee. Also worth noting that the seat adjustment is not longer mechanical (like the ratchet Shockwave at Drayton Manor, I don't know what the old gen B&Ms used), instead it uses hydraulic/pneumatic, which should allow more a smoother and quieter loading period.
Surely this isn't just a remodelled stand up coaster? Maybe it features a launch, which would be interesting and technically give an experience like "surfing".