Construction cost forecast and timing decisions for university capital projects

James Vermeulen, LEED AP, PQS
Managing Principal

Mounting pressure on construction costs will impact all higher education 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 different academic programs. James Vermeulen delivers 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, he illustrates regional construction pricing targets for the next two years and demonstrates bid and purchasing strategies that lock in costs and reduce risk. 

Tuesday, April 26, 2022 - 9:45am-10:10am