1. Innovations in project delivery
4th Annual Construction Law Summit
Hyatt Regency Wynfrey Hotel
Birmingham, Alabama

3. The Fourth Day of Demolition…

4. One Month Before “Game Day”…

5. Soldier field - STATISTICS
$640 million project
Congested urban area
7/24 work schedule
1,200 piles
10,000 tons of steel
350,000 sf of precast
Significant infrastructure revisions
20 months for construction

6. Delivery system options
Lump Sum
G-Max
Cost Plus
Incentives?
Penalties
Assumptions & Clarifications

7. SOLDIER FIELD SUCCESS FACTORS
Avoid “Fast Track” Delivery System
Experienced Design/Construction Team
Clear Lines of Responsibility
Aggressive Performance Monitoring
Fast Reaction
Eye on the Project Goals

9. RED ROCK Casino, resort & spa Summerlin, nevada
Fast-Track (Build It Then Prepare Design Drawings) Casino Project
198 ft. Hotel Tower with 815 Rooms
Spa
94,000 sq. ft Meeting Space
Slots, Table Games
Theater, Bingo Hall, 3 Acre Pool Area, Bowling Alley
Eleven Restaurants

10. Mobile, al “Mail Order” kate shepard house built in 1897

11. When it all goes wrong….

12. Revel casino atlantic city, new jersey
Fast-Track Project
Tishman, New York – CM At Risk (check)
Total Cost: $2.6 Billion
Hotel Rooms: 1900
Restaurants: 20
Entertainment Space: +500,000 sf

13. The latest wrinkle in project delivery

14. Public / private partnerships (P3)
Public Entity Gets Cash Plus Revenue Stream in Lieu of Spending Money
Concessionaire Makes a Profit
Investment Bankers Fund the Deal (He Who Has the Gold, Makes the Rules)
50 States: 50 Sets of Rules
Big Risk / Big Reward
Just About Anything Can Be “P3’d” Including Chicago Parking Meters

15. DESIGN/BID/BUILD MULTI-PRIME DESIGN/BUILD LUMP SUM CM COST-PLUS P3s
TRADITIONAL
DELIVERY
ALTERNATIVE
DELIVERY
DESIGN/BID/BUILD
MULTI-PRIME
DESIGN/BUILD
LUMP SUM
CM COST-PLUS
P3s
CM COST-PLUS AT RISK

16. DIFFERENT STROKES FOR DIFFERENT FOLKS

17. Innovations in project delivery
4th Annual Construction Law Summit
Hyatt Regency Wynfrey Hotel
Birmingham, Alabama
Speaker:
David E. Pearson, President
Pearson Management Group, Inc.