IPI Happenings – July 3 2015

IPI Vertical Committee releases White Paper on Partnering for Public Entities!

IPIHappenings-v2The International Partnering Institute Vertical Construction Committee is pleased to announce its newest White Paper, entitled “Are You Paying too Much for Your Construction? Four Methods for Adopting Collaborative Partnering for Public Entities”.

The objective of the white paper is to promote the benefits to Collaborative Partnering and also share how four public entities have already adopted partnering programs, so you will not have to reinvent the wheel when you get started!

A recent study by the Sacramento Regional Research Institute (SRRI) found that every $1M spent during a construction project supports 12.4 total jobs and an additional $825,858 in local economic output.  In other words, constructing an $18M facility would translate to roughly 221 jobs and $14M in ongoing annual economic output once the facility is built.

It is therefore essential that our owners agencies spending public dollars on construction deliver successful construction budgets. share the strengths of each and also provide tips to ensure you have a successful program launch.  To get a copy of the IPI White Paper, please visit the IPI Store here!

 

Enjoy your Forth of July Holiday

For all of our IPI Members celebrating the forth of July, we wish you the best and hope you and your family have a wonderful holiday weekend!