Sources of Net Project Value Surprise CII Study Team
The Construction Industry Institute research team studying the difference between "commodity" and "value-added services" from contractors found some surprises in the results. Contract awards based on price, contractor history with the owner and compatibility of software used did not build "value" into a project. The team created a "Net Value-Add Assessment Tool" to help owners to evaluate contractor capabilities in relation to project value.
The results of this and other industry studies were released at the CII annual members meeting in Grapevine, Texas, July 19-21. The research will be presented again at CIIs public Construction Project Improvement Conference at the University of Texas in Austin Sept. 11-13.