article thumbnail

Government Regulations Account For Over 40% Of Multifamily Development Costs

Pro Builder

Government Regulations Account For Over 40% Of Multifamily Development Costs. Multifamily developers attribute elevated prices for new projects to costly new regulations imposed by all levels of government. But, when regulation constitutes an average of 40.6 But, when regulation constitutes an average of 40.6

article thumbnail

Lack of staircase regulations detail holds up projects

Construction Law

The Building Safety Regulator has admitted that there is no target date for publication of regulations concerning the second staircase requirement for residential high rise buildings. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

JOC Program PRODUCTIVITY IMPROVEMENT – It’s all about empowerment and accountability

Job Order Contracting

Transparent sharing of technical, cost, and status information #3 Monitoring and continuous improvement Use of quantitative metrics and key performance indicators. Adjust processes and teams as required based upon metrics. #4

article thumbnail

New Building Safety Regulator boss steps down

Construction Enquirer

Former HSE director of construction, Peter Baker was picked two years ago to lead the new Building Safety Regulator set up in the wake of the Grenfell disaster. One told the Enquirer: “I think many are surprised Peter didn’t stay to see through the launch of the new regulator.”

article thumbnail

Audits Aren’t Only for Accounting

Construction Business Owner

They use their CPAs to examine financial transactions and statements to present an accurate account of the company’s financial business transactions. HR audits present an accurate account of the company’s compliance with federal and state labor and employment laws and regulations.

article thumbnail

Safety regulator looking for a high profile prosecution

Construction Law

Many contractors are ignoring safety regulations despite repeated warnings that measures introduced by the Building Safety Act are already in place and affect every project, not just high rise residential projects (HRBs), according to the Building Engineering Services Association (BESA). See the panel to the right.

article thumbnail

Regulatory Costs Account for 23.8% of New-Home Prices

Pro Builder

Regulatory Costs Account for 23.8% Housing regulations during development and construction account for $93,870 or 23.8% And when complying with regulations, many developers and builders report an average six months of delays, resulting in additional costs. Regulations. of New-Home Prices. cbroderick. Read More. .