Budget Recovery

Budget Recovery

Vaughn was contacted by the project architect and Owner to assist them with a problem. The Owner’s original contractor was $1 million plus over budget. Worse, the contractor stated that the project could not be completed by the owner’s critical deadline, which would have caused the Owner to lose millions of dollars in reimbursables. The drawings were at design development level. We assumed the project as construction manager-at-risk with guaranteed maximum pricing which saved the Owner over $1 million dollars and restored the total project budget. We then built the 93,000 SF hospital and 10,000 SF central plant in seven months.

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Testimonial

“Vaughn has a history with St. Joseph Regional Health Center of always developing a strong reliable partnership and all the projects were completed on time, within budget, and of top-notch quality.”

Alan C. Smith, Vice President Support Services, St. Joseph Regional Health Center