|Cost Savings: 35%
Schedule: 60% reduction
Contractor Change Orders: 0%
Type: Design Build Construction
Contractor: Stuart Olson Dominion Construction, LLC
Location: Edmonton, Canada
Start Date: October 2011
Completion Date: December 2012
Design Build for High Tech Research Space
The University of Alberta redeveloped existing research space into a hot lab with a cyclotron particle accelerator. For this extremely complex project, the University used the Best Value Model for selection, pre-planning, and performance measurement.
The Best Value pre-planning process resulted in significant savings and optimization of facility operation. As a result of the pre-planning process, the contractor identified & minimized unforeseen design and constructability risks before the project began.
“Best Value saved 14-18 months in schedule and $8-12M in cost when compared with traditional processes that would have resulted in change orders during construction” – Hugh Warren, Dir. Facilities & Operations
Using Best Value IPD, the project will be completed in approximately 18 months at $28M, whereas owner estimates of using a traditional delivery model would place the project at 48 months and $44 – 48M.