Third Party Funding of Construction Claims Preparation and Pursuance: The Threats they Bring to Project Owners, Opportunities for Contractors and New Business Offerings for Claims Consultants

The recent trend of third-party entities providing funding for contractors to prepare, submit and pursue their claims settlement could result in massive threats to project owners where they can now expect drastic increase in bullet-proof claims submissions by contractors. In addition, this trend will bring opportunities for contractors who can Read more…

Monitoring, Evaluating, and Reporting Construction Performance by Trade and Level for High-Rise Towers

Those involved in the construction of high-rise towers usually like to have an easy-to-understand report that shows the overall project performance on a single page. Of course, by doing so, they want to sacrifice the quality and trustworthiness of the reported performance data. There also could be the requirement to Read more…

Monitoring, Evaluating, and Reporting Planned and Actual Resources Usage and Performance Efficiency During the Capital Project Engineering Phase

For Engineering Consultants, EPC Contractors, Design-Build Contractors, and other entities whose work scope includes creating engineering deliverables such as drawings and specifications. They always need to plan the resources required to make those deliverables capture the actual resource hours spent in creating them. They need this information to enable them Read more…