Another Low-Bid Loophole

Another Low-Bid Loophole

Another Low-Bid Loophole by Jake Smithwick, Assistant Professor, University of North Carolina at Charlotte Within the construction industry, the heavy/civil sector consists of site development and infrastructure projects, such as those related to earthwork, bridges, railways, highways, and aviation. In…

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Risk Encounter

Risk Encounter

Risk Encounter  The Simplar Institute Project risk in construction is defined in basic terms as unplanned cost or schedule changes that crop up during a construction project. Unplanned cost and schedule changes are ubiquitous in construction and have led to a universally negative perception…

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Let’s Get Real

Let’s Get Real

“Let’s Get Real” In a recent article I wrote the following: “There is a downside to the great market we are enjoying because some construction enterprises will grow too fast and the rate of growth can be lethal. Most construction…

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