PROFESSIONAL CONSTRUCTION MANAGEMENT – A CASE STUDY Project Owners benefit greatly by having a skilled Construction Professional on their team, providing valuable guidance and services needed in today’s sophisticated construction arena. Industrial Projects Construction (IPC) was the Construction Manager on a greenfield Medium Density Fiberboard project in Willows, CA. We will discuss some challenges that…

THE ILLUSION OF WHOLESALE RISK TRANSFER ON EPC LUMP-SUM CONTRACTS Most adherents of EPC lump-sum contracting for megaprojects argue that the contracting strategy effectuates significant transfer of risk and responsibility from the sponsors to the EPC lump-sum contractor. The facts, however, suggest that this really is not the case. Some lump-sum prime contractors did indeed…