Poll
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Grants and Loans for Green Development
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Most of us are by now, well aware that as consumers, we are all responsible for doing our bit to reduce carbon emissions and to help save the planet. And, although sustainable build projects are largely still in their infancy, the government, with the help of other organisations who have an interest in this area, is keen to offer grants and other assistance, where possible, to help both individuals and businesses alike to address some of these issues.
ost of us are by now, well aware that as consumers, we are all responsible for doing our bit to reduce carbon emissions and to help save the planet. And, although sustainable build projects are largely still in their infancy, the government, with the help of other organisations who have an interest in this area, is keen to offer grants and other assistance, where possible, to help both individuals and businesses alike to address some of these issues.
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Factors Affecting Costs
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Has this happened to you as an estimator for a government or public works agency? Someone shows you a square foot cost, published in a construction magazine and attributed to RS Means.  The figure is much lower than what you are using. First you adjust for the location of the project by using the Location Factor Table, then adjust for the gross building size using the Square Foot Project Size Modifier table, and even add an escalation factor to account for construction duration, using the Historical Cost Index table. Yet the published square foot cost is still lower than yours. How do you reconcile this? Well, as that old time radio announcer used to say… “Now for the rest of the story.”There is an important, yet often overlooked section of the RSMeans Cost Data books called “Factors Affecting Costs.” Items listed include: Size of Project, and Location — which we covered above. Quality, Overtime, and Productivity are other factors that can explain the cost difference. There is a sub-heading called Other Factors, which includes, among other important things, building code requirements and owner’s special requirements.
Some of the building code requirements in a few major cities can increase the cost of a building, though with the adoption or partial adoption of the International Building Code across the country there is less difference from one location to the next. Owner’s Special Requirements is a big item. It can include MBE/WBE/LBE programs, “Buy American” clauses, certified payroll requirements, “Percent for Art” programs and other public reporting requirements/regulations. |
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Construction and development loans are loan options that are made available to businesses when there is a need to construct a commercial property, but there will not be any income generated until after the property is completed and ….
One of the major problems facing any business enterprise is that of obtaining finance. This is a problem not merely of quantity but also of type. The situation is further compounded by legislation. a the dynamism of the economy, but fundamentally by the requirement to minimize costs.
If you take a look around most construction sites these days, the mobile offices and storage containers are pretty utilitarian – plain white or gray and not very eye-catching. While they do the job they were intended for, these large structures are typically written off as an operational expense that help prevent theft of tools and supplies while providing a base of operations for your crew. A recent trend in this space is to use your jobsite office or storage as a billboard to promote your business. This can make sense for a lot of different reasons.
With the economy beginning to look like it may have bottomed out, many valuable construction men and women who have found themselves out of a job through no fault of their own may be thinking about starting their own construction firm.