Report shows where county’s money went in Dynamis debacle, raises questions about repayment

Remarkable revelations over the weekend on the stalled Dynamis trash-to-energy project in Ada County from Idaho Statesman investigative reporter Cynthia Sewell, including that the $2 million Ada County paid to the firm planning the project went in part to buy new Mac computers and software for the firm; to pay $350 an hour to the firm’s staffers for engineering services, far above the going rate; to pay $71,605 to Boise consulting firm GSA Services for helping the developer win government contracts; and included a 10 percent markup for “overhead and profit” of $180,000.

The county expects to be repaid the money, but Sewell reports that a Maryland lender has filed claims on all of Dynamis’ assets - putting it ahead of the county for payoff if Dynamis fails to perform. You can read Sewell’s report here .