Summit Smith Higher Education Blog

Financial Challenges of Higher Education Builds

Posted by Summit Smith on Jun 3, 2019 8:00:00 AM

You’ve gotten approval to move forward with a facility build at your higher education institution. Congratulations! Or maybe you’re just starting the process and are preparing to get approval. Either way, there is a lot to consider and many financial challenges that can arise throughout the project.

It isn’t uncommon to hear horror stories about university deans and leaders getting let go because a facility project ran over budget. This is especially stressful when there are so many unknowns to consider during the budgeting, planning and building processes.

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Understanding the Differences Between P3 and Traditional Projects for Higher Education Facility Builds

Posted by Summit Smith on May 27, 2019 8:00:00 AM

There tends to be a decent amount of confusion surrounding public-private partnership (P3) projects and how they differ from traditional construction projects for higher education. We’re going to explore the differences between the two and what you should consider when choosing which method to use in your next facility build.

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