Article: Building Capital Projects in Tough Times
There has been quite a bit of discussion about this being "a good time to be a buyer of construction." This article, from an Owner's perspective, articulates many of the points that many are thinking about trying to determine if now is the time to low bid their projects.
The key points I take away from this article are:
- As an owner, if you have a project that can benefit from fast tracking or collaboration, you don't have to throw both of these out to get competitive pricing
- Be careful jumping on the "low prices" available in the marketplace, and if you do have to bid, know what you are getting into
What do you think?