The value of cost estimating in the healthcare facility project

Cost estimating can help avoid surprises


Cost estimating a healthcare project can hep avoid surprises on bid day, according to an article on the Healthcare Operation + Construction website.

Cost estimating throughout the construction process helps keep projects on budget and provides facility owners with information about system life cycles.

"It’s essential in understanding how many square feet are needed for a project and how much it will cost,"  said Paul Whitson, senior vice president and regional healthcare leader in HOK’s St. Louis office 

"There are generally two big changes in (cost-estimating) project phases: when you move from unit-costing to systems-costing and when unforeseen contingency costs become clearer."

Read the article.

 

 



April 5, 2017


Topic Area: Project Management


Recent Posts

Healthcare Real Estate: Responding to Shifting Patient Demands

To compete in a changing landscape, healthcare organizations must turn their real estate from a cost center into a competitive advantage.


Over 40% of Workers Impacted by Seasonal Depression

Seasonal changes can have an impact on work performance.


Archer Property Partners Acquires Medical Office Building Near Tri-City Hospital

Archer plans a $2.5 million capital improvement program to fully modernize and reposition the asset as one of North County’s premier medical office destinations.


The OR HVAC Puzzle: Why Individual Systems Are on the Rise

Extra penetrations, tight clearances and strict humidity needs—design experts explain what it really takes to plan dedicated units for each operating room.


Sutter Health Announces Plans for New Santa Clara Medical Center

Sutter projects the medical center will open in late 2031.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

 
 
 
 

Healthcare Facilities Today membership includes free email newsletters from our facility-industry brands.

Facebook   Twitter   LinkedIn   Posts

Copyright © 2023 TradePress. All rights reserved.