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16 Jul

Posted at 15:14h in Budgeting, Business, Communication, Construction, COVID-19, Development Solutions, DRB, DRB Consulting, DRB Development Solutions, DRB Project News, Economy, Estimating, inflation, Labor, Leadership, material pricing, Project Management, Project Management Services, Property Improvement Plan (PIP), Staffing, Warning Signs, work force

Last week, the Wall Street Journal reported that the second quarter inflation was at a forty-year high of 5.4%.  The core consumer price increase was 8.3% (excluding food and energy). To the Construction industry, Inflation is a four-letter word.  Until recently, this word had slipped out...

25 Jun

Posted at 23:29h in Budgeting, Communication, Construction, Development Solutions, DRB, DRB Consulting, DRB Development Solutions, Economy, Estimating, Labor, News, Project Management, Tariffs, Uncategorized

In March, the US Government announced their intention to level new tariffs on steel and aluminum imports.   Tariffs on steel were to be 25% and aluminum was to be 10%.  The United States Department of Commerce indicates that the U.S. is the world’s largest importer...

23 Apr

Posted at 16:47h in Budgeting, DRB, Estimating

Large development programs needed a method of cost control during the design process.  Often these programs are so complicated that tracking design changes becomes a laborious task and feedback on a series of changes can take days or weeks to develop. ASTM Standard E1804 was developed...