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Commercial Construction Project Planning: 3 Warning Signs Your Budget Might Go Bust

HardHatChat

Budget is always a major consideration for our commercial construction clients, and as a general contractor we devote significant time to the budgeting process. Here are a few signs that, in our experience, indicate your project budget is more likely to bust: Skimping on Professional Services.

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Commercial Construction Delivery Methods: 3 Times To Go With A Negotiated Bid

HardHatChat

Any long-time readers of Hard Hat Chat have probably picked up on the fact that I’m a big fan of the negotiated bid. The GC then works with the client to budget the job based on pricing from subcontractor partners. Many large or complex construction jobs are budgeted and built out in phases. It’s A Multi-Phase Project.

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Commercial Construction Best Practices: Debunking Construction Change Order Myths

HardHatChat

Commercial construction change order myths. If I had a dollar for every time I had to set the record straight on commercial construction costs and change orders… I would still have this job. There’s a misconception that general construction contractors love change orders. But, I would also be a lot richer.

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Job Order Contracting - Untitled Article

Job Order Contracting

Construction Change Order Best Management Practices. Definition of a construction change order: A construction change order is work that is added to or deleted from the originally agreed upon and contracted scope of work which alters the original contract amount and/or completion date. Change Order Impacts.

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Donald Dungan Library and Norma Hertzog Community Center

ENR Construction

million construction program was ultimately completed under budget thanks to innovative value engineering and negotiated change order requests. Despite initial concern that the project might be vulnerable to as much as $1 million in cost overruns, the two-phase, $36.5-million

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Preparing Independent Government Estimates – IGEs , IGCEs

Job Order Contracting

The associated lack of detail has results in change orders and errors and omissions that cause 90% of a ALL construction projects to be late, over budget, or completed to the dissatisfaction of one or more participants or stakeholders. This has lead to the vast major of construction cost estimates (80% or more) being inaccurate.

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Innovative LEAN Construction Tools

Job Order Contracting

An innovative, yet proven method of construction services planning, procurement, and project delivery is gaining traction with owners who require consistent quality repair, renovation, and construction services that are both on-time, and on-budget. Shared Risk/Reward. Mutual Trust/Respect. Defined Workflows. Initial and Ongoing Training.