A large architectural and engineering firm grapples with design flaws and omissions leading to costly fixes and unhappy clients. They implement a value engineering approach to rectify these issues and improve project quality. The Rewarding…
A large infrastructure company faces budget limitations and needs to optimize project costs. They implement a strategic value engineering process to achieve more with every dollar spent. The Outcome: Building Smarter This case highlights the…
A large construction company faces project delays, cost overruns, and struggles with complex builds. They enact a strategic shift to bridge the gap between design and real-world construction. The Result: Building Better This case highlights…
Imagine a car company facing quality issues, recalls, and unhappy customers. Their reputation is tarnished, and their bottom line suffers. Here’s how they get back on track: The Rewarding Outcome: This case highlights the critical…
A chemical manufacturer tackles EHS concerns to create a safer, more sustainable operation. The result: a safer, more sustainable, and compliant operation with a positive impact on employees, the environment, and the company’s reputation. This…
Imagine a tech startup with a revolutionary software application. Demand skyrockets beyond expectations, but their infrastructure struggles to keep pace. This leads to performance issues that could damage their reputation. Recognizing the Need for Change:…
Performance Guarantees and Liquidated Damages (LDs) are crucial elements in Engineering, Procurement, and Construction (EPC) contracts. They ensure the delivered project meets specified performance standards. Here’s how to effectively utilize them. By following these guidelines,…
In Engineering, Procurement, and Construction (EPC) contracts, managing project delays is crucial. Liquidated Damages (LDs) play a vital role by establishing predetermined compensation for delays caused by the contractor. Here’s a breakdown of key LD…
Construction projects are rarely immune to unforeseen delays and disruptions. A well-drafted Engineering, Procurement,and Construction (EPC) contract mitigates these risks through provisions for Extensions of Time (EOT), Extra Costs, and Force Majeure. Owner’s Risks: Force Majeure: Key Considerations: By…
