Story · 43:34
// THE QUOTE
“there was a project kind of at the end of covid and someone had a budget that they published and it was five years old”
— Travis Rudolph · EllisDon Corporation
Concrete escalation story: an owner clinging to a five-year-old budget post-COVID, and the weekly conversations explaining why costs are what they are. Opens and lands clean.
Full episode at 43:34How EllisDon Atlantic Wins Complex Projects — Design-Build Strategy, Labour Shortage, and Owner Budget Reality | Ep. 48 ▸
THE LESSON THIS CLIP CARRIES
Post-Covid construction cost escalation has permanently re-based pricing; owners arriving with five-year-old budgets are a persistent weekly conversation for senior GC leaders.
“a budget that they published and it was five years old... anyone in construction can tell you how bad escalation hit”
THE CHAPTER IT LIVES IN
Budget Realism and Inflation — Educating Owners Before They Commit
36:00
Clips like this, every two weeks.
SOURCE: 43:34 of How EllisDon Atlantic Wins Complex Projects — Design-Build Strategy, Labour Shortage, and Owner Budget Reality | Ep. 48