Construction cost forecast + timing strategies for higher education capital projects

Mounting pressure on construction costs will impact all science and technology facility projects on the drawing boards, both new construction and renovations. Attend this session to get better pricing and more accurate budget figures, and better understand construction cost drivers for different science and technology facilities. The Vermeulens team delivers up-to-date construction cost forecasts based on economic conditions, job creation and cost data from more than 100 projects. Using analyses of equities, GDP, construction labor markets and their national construction weather map, they illustrate regional construction pricing targets for the next two years and demonstrate bid and purchasing strategies that lock in costs and reduce risk.