Construction Consulting Blog
The Concord Group
What is a Facility Condition Assessment? The Ultimate Guide to FCAs Today’s facilities are facing a myriad of challenges-aging infrastructure, rising utility costs, increased deferred maintenance, air quality issues, occupant discomfort, ongoing regulatory changes, limited resources, and shrinking budgets. Consequently, understanding how well your facilities are performing and identifying areas for optimizations is vital for …
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An Evolving Workforce: Workplace Wellness 101 The concept of workplace wellness has evolved considerably over the last few decades. Years ago, workplace wellness typically meant offering quality employee health care benefits. Beyond that, it was primarily rooted in physical wellness-focusing on diet, exercise, body weight, etc. But nowadays, physical wellness and healthcare benefits are merely …
Why Should You Consider Sustainability for Your Project? The construction industry is primed to play a key role in achieving global sustainability goals. As a development and construction consulting company, sustainability is rapidly becoming one of the most frequent topics our clients ask us about. And as more of our clients get serious about sustainability, …
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COP26 and the Future of the Construction Industry At COP26, all eyes were on the Built Environment and Construction sector, which contributes about 39% of global greenhouse emissions and is responsible for 50% of all extracted materials. In response, climate leaders are calling on the Built Environment as a major solution provider to the current …
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What is Commissioning? A Comprehensive Guide Buildings today are comprised of various complex, interconnected components, systems and technologies that have been developed and improved upon over the course of many decades. The growing sophistication of modern mechanical and electrical systems, coupled with mounting expectations of building owners, occupants and regulatory agencies are driving demand for …
What is an Owner’s Representative? A Comprehensive Guide A Complete Guide to Owner Representation Undertaking a significant capital project comes with numerous inherent risks. Many moving parts are involved, a lot of money is at stake and projects are becoming increasingly more complex and demanding of time and resources from the Owner. Moreover, each project …
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What is Construction Cost Estimating? The Ultimate Guide For any proposed construction project, whether it’s a brand-new commercial development, a renovation to an office building or adding square footage to an existing hospital, you will need to first determine the project’s financial feasibility. If not carefully examined and budgeted for, the sheer range of complexities …
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What is Cost Segregation? The Ultimate Guide Real estate depreciation has some big tax advantages for property owners. Utilizing the proper depreciation rules on real estate assets allows you to deduct substantial amounts of the purchase price and/or improvement costs of a property, in turn dramatically reducing your taxable income. But it gets better. The …
