![]() ![]() Lately and with more frequency, one such discrepancy seems to present itself very early in the bid process, and that is that the specified product is over budget. That said, are we meeting those goals? When questions and discrepancies arise (and they often do), what is the associated cost? Budget process and the dangers of value engineering If you were to poll professionals in the industry and ask why we subject high-cost, high-risk, complex building systems to the same processes that cause so much pain, the answer would inevitably be to keep prices low and margins high and to deliver a building on time and on budget to ownership. ![]() ![]() Despite knowing that estimating time is precious and estimating teams are understaffed, we continue to impose our antiquated bid methods onto critical building systems that represent the greatest risk, largest contributors to cost, and most complex areas of design. All too often in the process of taking a commercial or institutional building from design to engineering and construction, we repeat the same mistakes and place the same stressors on our valuable resources. ![]()
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