Industrial construction GMP schedule risk, on a job with no room to be wrong
Industrial construction GMP schedule risk comes from compression. A twelve month job has no float, so every problem lands on the completion date.
Whether the date is real, where the float sits, and who owns it when it moves.
Industrial construction GMP schedule risk comes from compression. A twelve month job has no float, so every problem lands on the completion date.
A senior living construction licensing delay costs more than the work that caused it, because a building that cannot be licensed cannot take residents.
ICRA construction cost impact is mostly schedule rather than material. Containment and restricted access change how fast the work can be done at all.
A hotel opening date construction delay costs more than extended general conditions, because an opening is a season, a booking curve and a staffed payroll.
Phased handover data center construction plans rest on early energization, and energization rests on a utility nobody in the contract controls.
Commercial fit out schedule risk starts the day a lease is signed. A date agreed in a leasing meeting becomes an obligation nobody has tested.
Substantial completion stops liquidated damages and releases retainage. What the definition should require, and why the punch list is a separate question.
Construction milestone dates in a contract look like control. Most carry no consequence, which means they are targets rather than obligations.
Weather days are the most predictable delay claim on any project and the least well drafted. What a baseline does, and why unusual needs a definition.
Concurrent delay is two delays running at once, one each side. What the owner gets, what the contractor gets, and why the analysis method decides it.
Liquidated damages a construction owner writes into a contract are a cap as often as a remedy, and the number is worth testing before it is agreed on.
Who owns float on a construction schedule is decided by one clause and by how the schedule was built. Most owners find out the answer during a delay claim.
How to review a construction schedule as an owner: four tests that show whether the completion date is a plan with slack or a hope with a number on it.
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