2015 Budgeting for the Construction Phase

by Charles Schreckenberger, AIA, and Bill Schmalz, FAIA

Excerpt

In a 2014 AIA Convention workshop on Construction Contract Administration (CCA), the audience was asked this question: “For how many of you is CCA a profit center?” Of the 50+ attendees, only one raised his hand, and it turned out that he is a consultant whose business consists exclusively of performing CCA services. So why do architects lose money during the construction phase? Or, to turn the question around, how can architects make money during that phase?

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