Construction cost forecast and timing decisions for capital projects

James Vermeulen, PQS, LEED AP
Const Economist, Managing Principal
Vermeulens Boston

Melissa Chabot, LEED AP, Construction Economist
Associate Principal
Vermeulens, Los Angeles

Mounting pressure on construction costs will impact all capital projects on the drawing boards, both new construction and renovations. Attend this session to get better pricing and more accurate budget figures, and better understand construction cost drivers for construction programs. James Vermeulen and Melissa Chabot deliver up-to-date construction cost forecasts based on the latest employment data, government spending trends, commodity prices, and cost data from more than 100 projects. Using analyses of equities, GDP, and construction labor markets, they illustrate regional construction pricing targets for the next two years and demonstrate bid and purchasing strategies that lock in costs and reduce risk.

Session Identifier: 
Forum I
Thursday, November 7, 2019 - 2:20pm-3:15pm
Continuing Education
AIA CES Units: 
HSW Units: