Read the following passage and answer the question below.
"Initial project estimates for the new bridge construction were based on material costs from the previous fiscal year. However, due to unforeseen supply chain disruptions, the cost of steel has risen by 15% and concrete by 10%. The project lead has stated that despite these increases, the project can still be completed within the original budget by optimizing logistical routes and renegotiating labor contracts. This optimization is expected to offset the material cost surge completely."
Based on the passage, which statement is definitively TRUE?
-
A
The project will be completed ahead of schedule.
-
B
The total cost of materials for the project has decreased.
-
C
The project's budget will not be exceeded if the proposed optimizations are successful.
-
D
Labor contract renegotiations have already been finalized.