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CBRE Bid Submission Form BofA PDF Pro Construction, Inc

CBRE Bid Submission Form BofA PDF Pro Construction, Inc

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- [Tristam] So Shane, in the last 24 months, how has your decision-making process changed? - [Shane] There's no doubt the decision-making process and trying to understand the increased cost in construction, and, therefore, the risk, is important. We're spending more money upfront than we otherwise would because we're having to mitigate more risk around understanding supply chain issues and those inflationary pressures to make sure that we have accurate cash flows and before we go to investment committee and make those major decisions. But we have gates, and we're spending more money in those early gates to mitigate the risk, compartmentalize it before we move on to the next spend of understanding the project. So, there's probably a little bit more spend upfront to understand and mitigate those risks. - Invest early, de-risk the project, and better outcomes in the end. - Absolutely, and working very closely with your builder on an ECI, early contractor engagement, making sure that you'r

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