Wise Spending at Fiscal Year End
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.
Blog: Blog
Shrinking Budgets, Growing Needs
Lower budgets have become a reality for many in the public and private sectors. Local and state government agencies, school districts, universities, hospitals and others have struggled with trying to accomplish as much as possible with fewer financial resources. Making sure that you’re using the most efficient methods possible is one way to stretch dollars without sacrificing quality.
Reducing the Impact of Change Orders
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.
Control the Impacts of Change Orders
Change orders affect construction projects of all sizes, and can feel like they are a way of life in construction.
Costing Construction
Let’s start with a little bit of sarcasm. Imagine an advertisement for the latest construction estimating software; “…With click and drag speed you can choose from thousands of line items of unit cost national average data and build accurate cost estimates…blah, blah, blah! ”
Job Order Contracts for Emergency Response
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.
How My Marriage Counselor Helped Me Understand Change Orders
One of the many great things about my marriage is my wife doesn’t really understand what I do, and as a result, she doesn’t read my blogs either, so I am safe in writing about the time we went to a marriage counselor.
Boosting the Value in Value Engineering
Having a knowledgeable and experienced person perform value engineering on a proposed construction project is a great benefit and can save time and money for the facility owner.
Building Cohesive Relationships for Successful JOC Projects
This week's blog post is authored by Justin Olson, Account Manager in the Southeast region.
Everyone knows and can relate to the importance of a strong relationship, especially a working relationship. In the construction industry a strong working relationship typically yields a great product.
Let’s talk about yielding a great product for a minute. One of the best analogies that comes to mind is the correlation between a strong working relationship and the importance of all ingredients in concrete, a product that has been used and improved for centuries. Concrete isn’t just something you can find and use. Concrete has ingredients, all of different substances or materials.
8 Common Mistakes in Price Proposals
Anyone reading over a Job Order Contracting Price Proposal should walk away with a clear understanding of the work that will be completed. The Price Proposal should be a reflection of the Detailed Scope of Work, and include all tasks required to complete the project. Sometimes, items that need to be included are inadvertently left off of Price Proposals. Here are 4 items commonly left off Price Proposals that need to be included:
- Mobilization for rental equipment, such as pavers, rollers, cranes, etc.
- Minimum set up charges for tasks, such as core drilling, saw cutting, cutouts, etc.
