Project Costs

On an $80 million project, the board questioned the cost of a tree survey that was quoted for $1,000 or whether they should pay any kind of mark-up on print paper. Organizational leaders quibble about the cost of silt fence, thinking that they will impact the budget by such scrutiny. This is misplaced energy! When we think of facility costs we should be thinking performance. We should think of life cycle costs. You will spend much more on employee labor, maintenance and operations than you will on any one component of the building construction budget. “What does employee labor have to do with a building project?” you ask. Everything!