Blog

March 12, 2015
Wise Spending at Fiscal Year End

Many times a facility manager receives their budget for the year at the beginning of their Fiscal Year (FY). This budget may include set-aside funding for repair, maintenance or small construction projects.  

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February 19, 2015
Shrinking Budgets, Growing Needs

Lower budgets have become a reality for many in the public and private sectors. Local and state government agencies, school districts, universities, hospitals and others have struggled with trying to accomplish as much as possible with fewer financial resources. Making sure that you’re using the most efficient methods possible is one way to stretch dollars without sacrificing quality.   

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January 22, 2015
Reducing the Impact of Change Orders

Change orders remain one of the most frustrating issues in the construction industry, seeming to sneak up on owners and contractors to spike costs and prolong project schedules. Even when all financial and planning systems are in order, a last-minute alteration can throw everything out of sync, leaving decision-makers feeling like they have no other choice but to throw more money at the project to keep it on schedule. On average, change orders account for approximately 8-14% of all capital construction dollars. 24% of the time change orders account for over 10% of the total project costs. 

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November 20, 2014
4 Change Order Causes

Change orders bring frustration to the construction industry, spiking costs and prolonging project schedules for owners and contractors. Even when the project is well-planned in advance and details seem in order, a last-minute alteration can throw everything out of sync...  

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October 16, 2014
Control the Impacts of Change Orders

Change orders affect construction projects of all sizes, and can feel like they are a way of life in construction.   

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