When its bid to build an 11-story cast-in-place concrete structure came in over the owner’s budget, a US construction company received an opportunity to adjust its lowest bid. A value engineering process identified cost savings of $790,184, or 8% of the base bid amount, largely from alternate interior construction systems and electrical, exterior closure and interior finishes. The modifications identified by the value engineering process ensured the building contractor was awarded the project...

BPIR Categories

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

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