Most Owners assume they get leftover contingency back at the end of a project. That is NOT a guarantee. Some contracts actually allow the contractor to keep leftover contingency — because they “managed the risk better.” Other contracts require leftover contingency to go back to the Owner. It all depends on what the contract says. The most expensive part of construction… is the assumption you don’t read your own contract. Www.capitalprojecttoolkit.com #construction #capitalprojecttoolkit #municip
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Most owners assume their project team is “on top of it”… but if they only visit the site on meeting day, you’re missing 90% of what actually drives cost schedule risk. ✅ How often are they on-site? ✅ What do you receive after each visit? ✅ Who documents issues before they get covered up? #capitalprojecttoolkit #construction #repost #followme #project
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