When all the bids for the construction of 12,350 square foot of restaurants and retail tenant finish space were rejected as they were all over budget, the owners negotiated with the lowest bidder, a US Construction Company, and requested a list of value engineering and other cost saving changes. A work breakdown structure (WBS) analysis identified a number of cost reduction items including alternate mechanical systems, ductwork and interior finishes which reduced the project construction cost by...

BPIR Categories

2.5.3 Develop and deploy action plans & projects
14.3.2 Implement an improvement approach/method/technique

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