National Academies of Sciences%2c Engineering%2c and Medicine

The Owner's Role in Project Risk Management

Contingency policies need to distinguish between fixed-price, cost-plus, cost plus incentive fee, and other common types of contracts in the discussion of risk and contingency and should state whether ...
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Belmont fire station project delayed 60 days for contingency funding

BELMONT COUNTY, Ohio — The Belmont Volunteer Fire Department's project to build a new fire station has been delayed by 60 days to secure necessary contingency funding. The project, which began in 2023 ...
National Academies of Sciences%2c Engineering%2c and Medicine

Completing the "Big Dig": Managing the Final Stages of Boston's Central Artery/Tunnel Project

The 20-year span of the CA/T project covers a period of change in the administration of public-works projects in the United States. During that time, the previous and long-standing approach of ...