Wednesday, February 8th, 2012
Even with all the improvements that have been made in architectural software and the use of BIM and REVIT, construction change orders and excessive use of construction contingency funds continue to have a bigger impact than ever on the cost to construct new and remodeled facilities. But savvy organizations are putting change order best practices in place [...]
Tags: BOMA, change orders, construction, construction audits, construction change orders, construction cost control, construction financial management, construction management, construction risk management, facility management, project management
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Tuesday, November 29th, 2011
One of the most common questions I’m asked is “When will construction costs start to rise?” You don’t need a crystal ball to see that based on current excess inventory on both the residential and commercial side, there won’t be any drastic price increases coming any time soon on the labor side. That said, we saw slight material cost decreases in [...]
Tags: BOMA, building owners and managers association, commercial real estate, construction, construction cost control, construction material and labor cost index, design-build, facility management, school construction
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Thursday, October 27th, 2011
In over 95% of the cases when we are hired to try to rein in the costs and change orders on an out-of-control construction project we find that problems started during the construction contract negotiation phase. Many organizations embarking on a construction project are hesitant to hire an experienced attorney who specializes in construction law to help them [...]
Tags: building owners and managers association, change orders, construction, construction bids, construction contracts, construction cost control, construction equipment, construction law, construction management, construction risk management, design-build, owner's representative, project management
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Friday, July 29th, 2011
Last week I was one of a small group of business leaders who had the good fortune to spend the morning with Brian Beaulieu, economist at the Institute for Trend Research (ITR). It was the 5th time over the past decade that I’ve had the chance to benefit from his wisdom. In past meetings he and his brother [...]
Tags: building owners and managers association, CFO, commercial leasing, commercial real estate, construction cost control, construction cost increases, economic forecast, facility management, real estate investment, risk management
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Monday, June 6th, 2011
While new construction and remodeling projects are still few and far between, those fortunate few who have the financial strength to obtain financing are still benefiting from an extremely competitive labor market. Overall construction labor cost have risen less than 1% over this same time period last year and for those looking to obtain competitive bids, [...]
Tags: BOMA, building owners and managers association, construction, construction cost control, construction costs, construction material and labor cost index, construction risk management, facility management, IFMA, WASBO
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Wednesday, March 9th, 2011
Welcome to the Gilbert Cost Control Consultants Corp. blog. We have more than 50 years of experience in construction estimating, project management, construction, real estate acquistion and cost & quality control on more than $700,000,000 worth of projects. If you are looking for proven strategies to help your organization build and lease better building in [...]
Tags: architect selection, architecture, BIM, BOMA, building, building owners and managers association, change orders, commercial leasing, commercial real estate, construction, construction audit, construction bids, construction cost control, construction cost estimating, construction equipment, construction ethics, construction management, construction project management, construction quality control, facility management, owner's representative, school construction, value engineering
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Thursday, December 30th, 2010
I recently met with a contractor who has been building private and public sector projects for more than 25 years. His firm is just wrapping up a large public project that was delivered under the traditional public bid model. When I asked him how it was going, he said it was a nightmare. He noted [...]
Tags: architect selection, architecture, BIM, BOMA, building owners and managers association, CADD, change orders, construction, construction bids, construction financial management, construction law, construction management, construction problems, design, facility management, facility manager, general contractor, hard bid construction, hard bid constuction, IFMA, low bids, owner's representative, public bid, public bids, REVIT, WALA, WASBO
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Thursday, September 2nd, 2010
Schools can significantly reduce building costs with proper construction cost control
Tags: architect selection, architecture, bonding, building, change orders, construction, construction cost control, construction equipment, construction ethics, construction law, construction management, construction problems, design-build, facility management, ficuciary responsibility, general contractor, owner's representative, project management, school board, school construction, WASBO
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Friday, August 20th, 2010
Can you reduce your companies office lease rate by 25% or more in today’s market? Yes you can. See what other companies have achieved in the relatively stable market of Madison, WI.
Tags: commercial leasing, commercial real estate, facility management, lease negotiation, leasing, office space, rental rates, tenant representation
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Thursday, July 29th, 2010
If you’ve ever managed a construction project, you understand the importance of including an owner’s contingency in your budget to cover unexpected items or changes that arise during construction. But did you know that many negotiated projects also contain a “hidden” contractor contingency that can add as much as 15% to the cost of your project?
Tags: ADA, architecture, board of directors, BOMA, building, building owners and managers association, business failure, construction equipment, construction ethics, construction fraud, construction law, construction management, construction problems, contractor fraud, Dane County Dental Association, design-build, development, facility management, facility manager, fiduciary responsibility, general contractor, IFMA, industrial construction, low bids, office construction, owner's representative, project management, risk management, school construction, TEC, Vistage, WALA, WASBO
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