Why not automatically assign a faction based on the name of the colonized system architect’s squadron ?

No, we pay for the system and then we pay for the components.
You pay for the contract to develop the system (and the faction that contract was bought from will be the controlling faction in the newly built system)
Commodities are delivered and sold, at greater than Galactic average, to the construction facility.
By the time the first asset is built the contract price is normally recovered.

Have you built anything, or just assuming?
 
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