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When contractors submit a bid, they use their expertise and knowledge to formulate a bid price that is accurate and competitive, but the bid must also be  “responsive” and the bidder must be “responsible.” What do these terms mean?  

If the construction calendar were laid out on a timeline graph, it would likely resemble a bell curve, with the bulk of construction work being shouldered in the summer months. Here are some things to keep in mind for your summer construction project planning.

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.  

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.   

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.