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Action Needed to Increase the Reliability of Construction Cost Estimates

Job Order Contracting

Action Needed to Increase the Reliability of Construction Cost Estimates per the GAO. In all instances more effort is needs to efficiently and strategically manage our government owned built infrastructure from life-cycle and best value perspectives. Publicly Released: Mar 27, 2018. GAO DOD Cost Estimating.

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Federal Infrastructure Bill Paves the Way Toward More Transportation Infrastructure Public-Private Partnerships

Constructlaw

trillion Infrastructure Investment and Jobs Act (IIJA) is poised to change how the United States views and implements public-private partnerships (P3s). Congress has a strong interest in increasing P3s in the transportation infrastructure sector long after the IIJA phases out. And because Congress does not want U.S.

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Early estimates only part of the procurement problem

Construction Law

Crossrail should have opened in December 2018 but is currently hoped to be completed by the first half of 2022. A key conclusion is that governments often fail to recognise the inherent uncertainties and risks in early cost and schedule estimates when using them to set budgets and completion dates for projects.

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KPMG Report: The value of Information Management in construction for VolkerWessels

Lets Build

A report commissioned by the University of Cambridge’s Centre for Digital Built Britain (CDBB) and prepared by KPMG focused on the value of Information Management within construction and infrastructure sectors. What value does this deliver for those organisations as well as their customers, wider society and the economy?

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Understanding and Addressing Construction Industry Pain Points

Viewpoint Construction Technology

Despite the struggles felt across many industries in Australia, the infrastructure sector remains one of the most stable in the country today. Moreover, in the private sector, the trend estimate for house commencements rose 2.0% in March 2018 on the back of a 2.7% increases respectively. increases respectively.

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Area Cost Factors – Not a viable for Federal Construction Cost Estimating?

Job Order Contracting

Should Areas Cost Factors be used for Construction Cost Estimating? As a result, more than 40 years after the introduction of area cost factors (ACFs), the federal government is no closer to its goals of having construction cost estimates match actual construction costs, or properly adjusting for regional (location based) variances.

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New Partnership Encourages Private Investment In Natural Infrastructure

Buisness Facilities Contributed Content

In the wake of 2012’s unparalleled extreme weather events, a green infrastructure financing guide was released by the NatLab consortium—a collaboration between the Natural Resources Defense Council (NRDC) and The Nature Conservancy, and sustainable asset management firm EKO Asset Management Partners. Posted by Heidi Schwartz.