The ultimate achievement for any construction company is to be able to report that the project came in on-time and on-budget. Learn the difference between a streamlined procurement method and the delays that can result in infamy.
If profit is the ultimate measure of a construction company, imagine telling your boss that you'd gone over budget by 1990%. Some poor bloke in Canada had to when the Montreal Olympic Stadium went from a forecasted cost of $148, 667,400 to $3,107,148.600 three years later.
Don't forget to check out the world's greatest projects that were budget nightmares.
Today the first sod has been turned for major works on the $384.24 million Cooroy to Curra Section C project which will widen the Bruce Highway to four lanes between the Traveston interchange and the proposed Woondum interchange, south of Gympie.
Expressions of interest in constructing the $985 million Northern Connector road project in South Australia were called for yesterday. Interested bidders can now nominate to be considered to design and construct the new six-lane, 15.5 kilometre link between the Northern Expressway, the South Road Superway and the Port River Expressway.
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