Cost Solutions April 2010
The Market Post GFC
There is cautious optimism that the GFC has run its course and that the property sector has found the bottom of the trough - to the extent that there are already renewed concerns about labour shortages hindering supply in 2011. However, while positive sentiment is growing, it has yet to be proven. The challenge at the moment is sorting through the messages in the market and understanding how they impact upon your project.
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Cost Solutions November 2009
Building Construction Industry Payments Act (BCIPA) Update
While it had a slow start, the Building and Construction Industry Payments Act 2004 (BCIPA) has become entrenched in the Industry, going from a term added blindly to the bottom of invoices, to a piece of legislation that is largely achieving its goal of freeing up the payment system and ensuring timely cash flows. However, there are concerns that it may have gone too far.
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Cost Solutions July 2009
Will Construction Costs Rise or Fall in 2010
So far this year we have already seen a 5% decrease in construction costs and are confident that this trend will continue, with a negative escalation rate of 0.85% per month leading to a total decrease of 10% for the calendar year 2009.
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______________________________________________________________________Cost Solutions March 2009
"Costs fall by 10%"
By the end of the calendar year 2009 we will have seen construction costs fall by up to 10%. However, be aware of the sting in the tail and don't expect historical performance to be a good indicator of the actions of contstruction costs this time around.
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Cost Solutions December 2008
"Construction Cost Update"
Fierce competition and negative sentiment should offset expected rises and cause building costs to plateau or even fall. This issue of Costs Solutions looks at what we can expect in the current and future construction market
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Cost Soutions November 2008
"The Signs and Symptoms of Distressed Projects"
In this current economic climate, the identification and management of risk is of prime importance. With the credit crunch and negative sentiment bearing down on the industry, the number of distressed projects are on the rise.
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Cost Soutions September 2008
"Material Costs - More Bark than Bite"
The rising cost of materials are a given and there isn't anything we can do about it, but rather than focus on this, why not focus on an area where you may be able to make savings.......
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Cost Soutions June 2008
"The Construction Cost Climate"
It's going to be an interesting year for the construction industry. The market is uncertain and there are a number of different cost scenarios that we could see in the next 12 months. This issue of Cost Solutions looks at how to best operate in the future market to deliver projects with certainty in a low margin environment.
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Cost Solutions November 2007
"Don't Get Caught With Your Pants Down"
Security of Payment Act - The Facts
With a significant jump in claims this year and about 80% of claims being won by contractors and subcontractors, EVERYONE in the construction industry needs to be aware that a "She'll be right" attitude just won't cut it......This issue of Cost Solutions will highlight the facts and critical timing issues that all industry parties should know.
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Cost Solutions June 2007
Building Information Modelling
"The New Cool of Construction"
A renaissance is happening in the construction industry. Building Information Modelling [BIM] is the wave of the future. Mitchell Brandtman is riding the wave and leading ways to use BIM and leverage the idea of collaborative design. This idea of Information Technology for measurement presents a great way forward for the industry saving clients both time and money.
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Cost Solutions March 2007
"The Construction Cost Climate"
Are construction costs really that bad, or are we becoming a bunch of whingers?.......Everyone in the industry is constantly talking about construction costs. In this issue of Cost Solutions, David Mitchell suggests that we stop talking about the construction cost climate and start taking a pro-active approach to projects we undertake.
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