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What’s the realistic cost ceiling for a project delivered on time and within budget? Change orders really seem to ramp up on projects with a $250,000+ electrica
by quickthrowman 5y ago
What’s the realistic cost ceiling for a project delivered on time and within budget? Change orders really seem to ramp up on projects with a $250,000+ electrical budget (probably 1.5-2M total) from what I’ve seen, with projects below that requiring fewer change orders.
You’re correct about the government/government projects. Schools are a bit tighter on changes (for obvious reasons) but I’ve worked on a few projects for a county judicial system and a couple US Federal Court projects, and let’s just say if the judge wants something changed, it gets changed :)
- a9h74j 5y agoWatch for such cost effects when a green energy enters a goldmine phase. There is a Scottish energy economist who, working with data from public wind projects, finds the experience curve turning upward (against lower cost). Also IIRC, at his prevailing rates offshore wind was becoming uneconomical to repair after 15 years. Edit: I owe a reference for such a claim. See: Professor Gordon Hughes accompanying the publication by the Renewable Energy Foundation of his two 2020 reports on Wind Power Costs in the United Kingdom and The Performance of Wind Power in Denmark ... https://www.youtube.com/watch?v=x5mXkYcuzWs https://www.youtube.com/watch?v=x5mXkYcuzWs www.ref.org.uk https://www.ref.org.uk/ref-blog/365-wind-power-economics-rhetoric-and-reality https://www.ref.org.uk/ref-blog/365-wind-power-economics-rhe...