Construction Law

NOVEMBER 2, 2023

While that view might be overstating the case a bit, public procurement certainly isn’t working as it should, as Reform’s report An efficiency mindset: prioritising efficiency in Whitehall’s everyday work, convincingly argues. The incentive to pursue a larger budget outweighed the disincentive of potential delivery failure, it is said.

Procurement 52

Procurement Feasibility Budgeting Budget 52

Job Order Contracting

MARCH 26, 2024

Concurrent planning, design, construction, and operation throughout the lifecycle of a built structure across disparate multidiscipline teams operating in a transparent and collaborative manner, in concert with real property owner leadership, commitment, and accountability are core requirements.

Sustainability 202

Sustainability Management Renovating Environment 202

Job Order Contracting

OCTOBER 25, 2021

Whether a Federal, State, County, or Local Government, most public sector organizations underperform when it comes to planning, procuring, and executing facilities repair, renovation, or new builds. Supporting robust processes, tools, and training are readily available to assure on-time, on-budget, and quality outcomes 90%+ of the time.

Renovating 214

Renovating Procurement Budgeting Budget 214

Job Order Contracting

FEBRUARY 26, 2024

– The application of system thinking to facilities management (FM) and the AECOO sector, and associated tools and support processes, can consistently ensure the delivery of quality, sustainable outcomes, on time and on budget. AECOO = Architecture, Engineering, Construction, Owners, Operators) What are the barriers? Care of People.

Management 181

Management Construction Procurement CSI 181

Job Order Contracting

JUNE 7, 2023

Alliance Contracting in Construction provides a real opportunity for the consistent delivery of quality repair, renovation, maintenance, and new build project on time and on budget. Owner support, capacity, commitment, and accountability, 2. Integrated planning, procurement, and project delivery teams throughout contract life, 3.

Contract 177

Contract Procurement Construction Foundation 177

Job Order Contracting

AUGUST 26, 2022

Here a list of the root causes of construction project variability resulting in 85% of ALL repair, renovation, maintenance, and new builds being… late, over budget, unsatisfactory to one or more participants or stakeholders, or otherwise economically or environmentally wasteful. Poorly defined and poorly communicated Scope of Work.

Construction 217

Construction Procurement Renovating Budgeting 217

Job Order Contracting

SEPTEMBER 2, 2022

Both formal and professional education have not prepared real property owners to address the basics of planning, procurement, and project delivery that enable the consistent delivery of quality repair, renovation, maintenance, and new build activities on-time and on-budget. SHARING OF KNOWLEDGE. NEXT STEPS. Do your homework!

Procurement 215

Procurement Construction Environment Renovating 215

Job Order Contracting

DECEMBER 10, 2022

Lack of integrated, collaborative planning, procurement, and project delivery teams. Lack of transparency and accountability in the public sector. BIM, 5S, Takt time, Poka-Yoke, Kaizen, blackbelt, … All have their role as tools, learnings, and or philosophies, but NONE are solutions. Zero verifiable cost information.

Procurement 223

Procurement Construction BIM Change Orders 223

Job Order Contracting

FEBRUARY 3, 2023

Even though tools and services are readily available to consistently deliver quality, on time and on budget repair, renovation, maintenance, and new build outcomes, real property owners and facilities management professionals have yet to adopt system thinking. Sustainable Facilities Management will require a fundamental change in mindset.

Sustainability 130

Sustainability Management Budgeting Budget 130

Job Order Contracting

JULY 19, 2023

The application of systems thinking to ALL projects via a robust PROCESS ensures consistently well planned, executable quality outcomes on time and on budget. Budget, Time, and Requirements must be DETAILED prior to procurement. Planing, Procurement, and Project Delivery Teams must be integrated.

Construction 130

Construction Procurement Budgeting Budget 130

Stok

JULY 29, 2018

The foundation for any successful project is a detailed schedule and budget. Now on the financial side, the Project Manager should work closely with the Client on the conceptual budget at project inception. This budget will evolve into a Master Budget as the site is selected and more information is known about the scope of the project.

Budgeting 40

Budgeting Budget Foundation Leases 40

ProcurementExpress.com

FEBRUARY 11, 2019

Construction teams face unique procurement challenges due to the complex nature of the business. As technology changes the game, procurement is becoming a strategic juggling act. With that in mind, we’ll look at three of the biggest challenges that construction teams deal with and how they affect procurement planning.

Procurement 63

Procurement Plans Construction Budgeting 63

Job Order Contracting

AUGUST 17, 2023

Consistently delivering quality projects on time and on budget simply requires leadership, accountability, and commitment. Any real property owner can control construction costs for facilities repair, renovation, maintenance, and new build projects. Controlling Construction Costs is not rocket science 1.

Travel 178

Travel Construction CSI Subcontracting 178

Job Order Contracting

FEBRUARY 7, 2019

Accountability •? Reduce the impact of agency staff and budget cuts. ?Save Everything your organization needs to consistently achieve quality, on-demand, on-time, and on-budget repair, renovation, maintenance, sustainability, and minor new construction services. The Innovative OpenJOC(TM) Job Order Contracting Solution •?

Budgeting 100

Budgeting Budget Contract Procurement 100

ProcurementExpress.com

FEBRUARY 11, 2019

Construction teams face unique procurement challenges due to the complex nature of the business. As technology changes the game, procurement is becoming a strategic juggling act. With that in mind, we’ll look at three of the biggest challenges that construction teams deal with and how they affect procurement planning.

Procurement 52

Procurement Plans Construction Budgeting 52

Job Order Contracting

FEBRUARY 20, 2021

Over eighty percent (80%) of construction projects are over-budget, late, or not competed correctly. The fundamental reason for poor outcomes is the failure to implement and properly manage robust and integrated LEAN planning, procurement, and project delivery processes.

Schedule 163

Schedule Management Procurement Construction 163

Construction Law

JANUARY 25, 2024

The Construction Leadership Council (CLC) has called on Chancellor of the Exchequer Jeremy Hunt to include a range of policy measures in his Spring 2024 budget, including using some form of Private Finance Initiative type of funding. See the panel to the right.

Finance 52

Finance Infrastructure Accounting News 52

Construction Law

NOVEMBER 24, 2023

The Royal Society for the Prevention of Accidents has called on the government to reverse long term Health and Safety Executive budget cuts to combat the death toll in construction from falls from height. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.

Safety 52

Safety Accidents Accounting News 52

Job Order Contracting

FEBRUARY 2, 2023

We all know that traditional planning, procurement, and project delivery practices are adversarial, and broken, yet we fail to address this basic issue. Total cost savings of 30%-40%, on time, on budget quality delivery, and satisfaction of all involved participants and stakeholders are just a few of benefits. Care of People.

Construction 130

Construction Procurement CSI Innovation 130

Construction Law

FEBRUARY 22, 2024

Budget pressures have been blamed to plans to build new hospitals, surgeries and a network of treatment centres in Scotland being put on hold for up to two years. To read more of this and every other news story on this site, please log in with your Construction Law membership account details. See the panel to the right.

Accounting 40

Accounting News Budgeting Budget 40

Job Order Contracting

APRIL 23, 2019

LEAN Procurement & Construction Delivery for Improving Performance. Different procurement methods have been developed and applied in the construction industry for improving performance, yet only a select few have consistently enabled superior outcomes. Integrated Project Delivery, IPD, for major new construction, and 2.)

Procurement 100

Procurement Contract Architecture Risk 100

Job Order Contracting

NOVEMBER 9, 2022

Integrated internal and external planning, procurement, and project delivery teams. Construction Accounting & Taxation, ABI/INFORM Global, New York, 15 (3) 5-18. An introduction to a LEAN Construction Framework – A Robust Solution fully supported by tools and services. Efficient, balanced, and collaborative. Yoshikawa, T.

New York 180

New York Portland Conference Construction 180

Job Order Contracting

MAY 4, 2020

National average cost days similarly doesn’t take into account local variations in labor, material, and equipment. Secondly, there is the invalid assumption that historical costs reflect local market conditions and/or best value outcomes.

Construction 133

Construction Comparison Forecasting Procurement 133

Job Order Contracting

APRIL 3, 2021

Uniformat level and/or assembly level, or building level cost data is useful for budgeting purposes only, and should not be used for bidding, procurement, and execution actual projects with builders, construction managers, etc. MasterFormat Construction Cost Estimating drives cost visibility, transparency, and best value outcomes.

Estimating 169

Estimating Construction Procurement Renovating 169

Job Order Contracting

FEBRUARY 3, 2022

Before initiating a project through the JOC program, determine if it will result in savings over traditional/other procurement methods. Develop a formalized reporting process (project status, timeline, budgets, issues, etc.) This will create a level of oversight and accountability at all levels of the program.

Contract 206

Contract Bidding Organization Consulting 206

Lets Build

APRIL 15, 2020

Managing complex data in intersecting tasks and teams include confirming a project’s justification, developing project schedules and goals, maintaining commitments for a project, holding people accountable, and avoiding common project pitfalls. Procurement. What project procurement method (e.g. All work begins in this phase.

Project Management 148

Project Management Management Construction Feasibility 148

Job Order Contracting

MAY 4, 2023

Make certain that the selected year-of-expenditure reflects a realistic scenario, taking into account project planning and development durations, as well as construction. All elements of the project must be reduced to a cost that can be accounted and budgeted at a line item level.

Estimating 198

Estimating Construction Risk Documentation 198

Job Order Contracting

APRIL 16, 2018

While integrated project delivery methods have proven to consistently deliver over 90% of renovation, repair, and new construction projects on-time, on-budget, and per requirements, adoption is limited to 5% or less of the AECOO sector (architecture, engineering, construction, operations, owner). Best value procurement. contact-form].

Life Cycle 100

Life Cycle Construction Environment Procurement 100

Job Order Contracting

APRIL 1, 2019

Introduction – LEAN construction cost estimating, planning, procurement, and project delivery, drives optimal performance for the numerous repair, renovation, maintenance, sustainability, and new construction projects encountered by real property owners, facilities managers, and their service providers. Are you ready?

Estimating 130

Estimating Construction Procurement Change Orders 130

Job Order Contracting

MAY 8, 2017

Best value procurement, financial transparency, and a common data environment (CDE) must be implemented in concert with a rigorous and sustained focus upon CHANGE MANAGEMENT. Thus the issue is not the unavailability of solutions, but rather the level of education and awareness across the AECOO sector.

Life Cycle 100

Life Cycle Construction Environment Procurement 100

Job Order Contracting

MARCH 31, 2022

Improving the PROCURMENT MODEL for Facilities Repair, Renovation, Maintenance and Construction begins with a gap analysis, a quantitative review of the current situation and a target of how things can be when improved. The procurement model is broken. Current procurement models are inefficient due to the following… #1.

Procurement 195

Procurement Modeling Renovating Life Cycle 195

ProcurementExpress.com

JANUARY 2, 2019

Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year. But, procurement , project management, and the C-suite should all monitor WIP closely. WIP is one element of an inventory account. ” username=””].

Work in Progress 52

Work in Progress Accounting Inventory Budgeting 52

Job Order Contracting

APRIL 2, 2019

LEAN construction cost estimating, procurement, and project delivery jointly drive optimal, best value execution of the numerous repair, renovation, maintenance, sustainability, and new construction projects encountered by public sector real property owners, facilities managers, procurement professionals, and their service providers.

Estimating 100

Estimating Procurement Change Orders Comparison 100

Viewpoint Construction Technology

MAY 7, 2019

But along the way, those material costs can start to add up, especially if the materials aren’t procured and managed properly. The cost of materials can rise and fall daily, whether during the bid progression, the procurement process or the building phase. Maximizing Materials Management.

Materials 232

Materials Software Software Project Management 232

Job Order Contracting

APRIL 1, 2019

LEAN construction cost estimating, procurement, and project delivery, drives optimal performance for the numerous repair, renovation, maintenance, sustainability, and new construction projects encountered by real property owners, facilities managers, and their service providers. Simple Guide to LEAN. Are you ready?

Estimating 100

Estimating Procurement Change Orders Renovating 100

Viewpoint Construction Technology

SEPTEMBER 23, 2018

In fact, there are numerous examples which show that irrespective of the hard work and precision which is put into place for each and every project, failure to pair this with an effective construction accounting and expense control strategy which drives back-end decision making, can be the difference between success and failure.

Industrial 130

Industrial Accounting Viewpoint Construction 130

Autodesk Construction Cloud

NOVEMBER 17, 2021

Your construction budget is one of the most important things to get right in any project. Poor budgeting leads to inaccurate estimates and error-prone forecasts, which can result in unfavorable project outcomes. The lack of proper budgeting practices can also lead to communication breakdowns and misalignment.

Budgeting 52

Budgeting Budget Construction Estimating 52