Escalating Construction Costs (Webinar)Name: Escalating Construction Costs (Webinar)Date: May 27, 2021Time: 2:00 PM - 3:15 PM EDTRegistration: Register NowEvent Description:
Escalating Construction Costs (Webinar)
James Vermeulen, LEED AP, PQS, Managing Principal of Vermeulens, provides insights on Thursday, May 27, 2021, 2:00-3:15pm, into issues confronting the design and construction industry. What should owners budget for cost escalation? What pricing structure should we use to accurately estimate costs for projects? James will address these and other issues and take your questions.
James Vermeulen is a Managing Principal for Vermeulens. Through his leadership and role as Chief Technologist and Lead Mechanical/Electrical Quantity Surveyor, he brings a set of skills, technical expertise and knowledge to each project he works on. He has been Principal on some of the most complex projects in higher education, healthcare, science+technology and cultural designs as well as in other industries. His management style fosters a collaborative environment marked by open communication, trust and a shared vision. James is responsible for overseeing and reviewing all estimates before publication, high-level client support, facilitating cost reconciliation, and value engineering meetings. He is a recognized speaker at national conferences on the topic of construction economics and forecasting.
Since 1972, Vermeulens has been a leader and an innovator in pre-construction cost control. They developed the elemental estimating systems, line item estimate computer reports, and computer graphic take-off processes that have become standard throughout the industry. Vermeulens estimates over 200 projects every year, which translates into $12 billion worth of construction. Extensive bid and reconciliation data enables them to benchmark institutional buildings at appropriate current levels. This provides owners and architects with detailed and accurate costing reports based on information from a comprehensive database, knowledgeable staff, and developed processes. These realistic project budgets from the outset help minimize the loss of program and scope, and costly re-design that can minimize unexpected costs and outcomes.