Project Bank Accounts – New Project Accounting Contractor’s will Hate but Will Protect them from Insolvency!

Using PBA's will require significant adjustments and all parties will need to rethink how they operate.

Industry Watch – PBA Accounts – What are They and Can They Solve Payment Problems in Construction?

PBA's work like a Trust that holds funds from an Owner as payment to the general contractor.

Best Practices – Why Your Design Build Contracts Are All Wrong!

There are only certain types of suppliers who have the training and legal obligation to look after the Owner's best interests.

Best Practices – A Lesson on How to Use Benchmarking to Develop Accurate Project Estimates.

Unit pricing tends to rise as the scale of the project reduces.

Case Study – A Hotel That Costs too Much!? – Architect Pays Developer For Expensive Design.

The court found that Foster failed to “identify requirements and possible constraints" and "confirm key requirements and constraints”.

Procurement Corruption – Atlanta’s CPO Pleads Guilty of Conspiracy – How to Prevent Suppliers from Thinking You are Corruptible.

If you have influence over contract awards, you must hold yourself to the highest ethical standards.

Buy Local – How Domestic Supply Lines Mitigate Risks

Drivers that would compel private businesses to prioritize local resources.

Change Orders – How to Plan, Mitigate, and Minimize the impact of Changes on Your Construction Projects.

Change Orders - How to Plan, Mitigate, and Minimize the impact of Changes on Your Construction Projects.

Case Study – Standard of Care – A Lesson on how to Avoid Conflicts and Ensure Your Architect Meets Your Expectations.

The standard verbiage from the AIA is so vague and open to interpretation that it hurts both parties.

Pre-qualifying Suppliers – The Top 6 Criteria You Can Use to Pre-Qualify Your Supplier Pool.

This list of criteria should be used for pre-qualifying Contractors to participate in a solicitation.

Case Study – Strategic Application of Pricing Models – A Lesson in How to use Cost Plus with GMP to Reduce Risk and Time in Design and Construction.

Case study demonstrating how pricing models solve procurement problems.

Financial Risks – How Mega Construction Firm Failings Elevate Performance Risks for Owners and what YOU Can Do About It.

Separately, these stories are examples of the ways construction firms can go bad, collectively these show patterns we need to recognize .