DoD Issues Guidance on Inflation and Economic Price Adjustments: Top 6 Things You Need to Know

On May 22, 2022, the Department of Defense (DoD), in response to industry-wide concerns with rising inflation and the use of price adjustments, issued its Guidance on Inflation and Economic Price Adjustments which appears to signal recognition by the DoD that current economic conditions, particularly inflation, are affecting construction costs. Even while acknowledging the “impacts… Read More

Smooth Sailing: How Optimizing Capital Projects Early and Often Leads to Better Outcomes

Blog graphic - Smooth Sailing: How Optimizing Capital Projects Early and Often Leads to Better Project Outcomes

“When You Can’t Predict the Wind, Adjust Your Sails” Even the most well-intentioned construction projects need to change course along the way, adapting to changing circumstances as they arise. Project controls are essential guideposts for project planning. They allow the project team to identify and mitigate their risks as they establish their time, cost, and… Read More