Capital projects succeed or fail long before construction begins. The decisions made during planning, entitlement, budgeting, and procurement shape cost exposure, schedule certainty, and long-term asset performance.
This section examines owner-side capital strategy across major renovations and ground-up developments — from bid leveling and delivery method selection to financial visibility, scope alignment, and risk allocation. Projects rarely derail because of isolated mistakes; they drift when tradeoffs are not clearly translated into business terms.
The focus here is structured oversight. By clarifying assumptions early, aligning stakeholders, and exposing cost drivers before they harden, capital projects become informed investments rather than reactive construction exercises.
A GC contract is a fixed-price contract and is considered a transfer of risk to the contractor. The GC assumes the risk of cost overruns
When selecting firms to participate in a CM/GC RFP (Request for Proposal), it is important to carefully review each firm’s qualifications to ensure that you
Pre-construction services (Precon) are a key aspect of the CM process and are crucial to a successful project outcome. These services can include critical path
When choosing between a General Contractor (GC) or a Construction Manager (CM), several factors should be considered such as schedule, budget, the complexity of the
“The single biggest problem in communication is the illusion that it has taken place” – George Bernard Shaw
As published in The Hauppauge Reporter By Richard Neuman Vice President & Long Island Market Lead Project and Development Services JLL As people continue to
Industrial buildings offer tremendous value-add opportunity for developers with unique vision As published in the Hauppauge Reporter By Richard Neuman Vice President & Long Island
New industrial space at HIP slated to be taller, brighter and sustainable As published in the Hauppauge Reporter By Richard Neuman Vice President & Long
HIP creates plan to lure companies away from dense, urban markets As published in the Hauppauge Reporter. By Richard Neuman, Vice President & Long Island Market
Prediction is a tricky thing especially when it comes to General Contractors. And in most cases, the lowest price is not always the best price.
This is a familiar statement in design and construction – “Every time we are asked to do “Value Engineering” it was to lower the cost!”
In a recent LinkedIn discussion group amongst professional Owner’s Reps, a question was raised on whether we are referred to as Owner’s Reps, Project Managers or both.
British author John Ruskin once said, “It is unwise to pay too much, but it is worse to pay too little. When you pay too
When Pre-Qualifying General Contractors, is anything off limits or is all fair game? CM/GC’s are expected to be interviewed, researched and vetted and if done so
For many Owners, undertaking a capital improvement project is not something they do all the time. What is often viewed as Owners getting in their
