The Changing World of Project Delivery and Financing – How will Life Cycle Delivery Influence Construction Industry?

Summary: As owners (public and private) become increasingly aware that long term operations and maintenance (O&M) costs are 10 times that of initial delivery (design and construction), design and construction firms are increasingly participating in ventures with operators, equipment suppliers, and a range of financing partners. Our breakfast program will consider and discuss how industry structure is evolving, along with effects on the nature of contracts, and the roles of sureties and insurers. Dr. John B. Miller of the Barchan Foundation will present.