Ensuring the Successful Execution of Federally-Funded Construction Projects by Local Governments
Federally-funded construction projects can be a mystery for leaders in state and local government and public education. Questions abound regarding
Federally-funded construction projects can be a mystery for leaders in state and local government and public education. Questions abound regarding
If the construction calendar were laid out on a timeline graph, it would likely resemble a bell curve, with the bulk of construction work being shouldered in the summer months. Here are some things to keep in mind for your summer construction project planning.
Many times a facility manager receives their budget for the year at the beginning of their Fiscal Year (FY). This budget may include set-aside funding for repair, maintenance or small construction projects.
Change orders remain one of the most frustrating issues in the construction industry, seeming to sneak up on owners and contractors to spike costs and prolong project schedules. Even when all financial and planning systems are in order, a last-minute alteration can throw everything out of sync, leaving decision-makers feeling like they have no other choice but to throw more money at the project to keep it on schedule. On average, change orders account for approximately 8-14% of all capital construction dollars. 24% of the time change orders account for over 10% of the total project costs.
Change orders affect construction projects of all sizes, and can feel like they are a way of life in construction.
Natural disasters and mechanical failures, such as a water line break or a bridge bearing failure, can create an emergency event that requires an immediate response to stabilize the building, site or impacted area, to clean up, and to make the required repairs.
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