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April 30, 2015
Mark It Up! Getting to a Realistic Bottom Line When Budgetary Estimating

“What are the “appropriate” markups for overhead, profit and contingency when budgeting facilities construction projects?” I get this question a lot from my architect friends when helping them budget their projects through the design process. The answer can get messy considering all the factors that can impact the bottom line. There are many variables to consider. With this blog post I will answer the “markup” question for an average facilities project and try to keep it simple but still useful.  

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April 23, 2015
What is a “Responsive, Responsible” Bidder?

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?  

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March 19, 2015
Spring Ahead in Construction Project Planning

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.

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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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