Number of BV Procurements: 45
Allocated Funds: $10.8M
Awarded Cost: $10.0M (-7.4%)
Projects Where BV was also lowest cost: 49%
Completed Projects: 18
• Cost Increases: 5.4% (Client) / 0.4% (Cont)
• Schedule Increases: 49.6% (Client) / 0.8% (Cont)
• 16 projects had no contractor cost increases
UMN PM's efficiency increase: 90%
Average UMN PM satisfaction: 100%
Average contractor close out rating: 9.4
Average increase in contractor profit : 4.5% |