the newsletter of tbd consultants - edition 7, 3rd qtr 2007
						Printable PDF version Subscribe to our newsletter In this Edition Fly Me to the Moon Cost Estimating & Cost Management Escalation Trends Embassies
		Construction Management Specialists 111 Pine Street, Suite 1315 San Francisco, CA 94111 (415) 981-9430 www.TBDconsultants.com
		Fly Me to the Moon Geoff Canham You've been on a world tour, now where do you go on vacation? How about a trip into space? That has become a reality for a privileged few, but it is likely to become available for many more of us in not too many years, and that is leading to the development of space ports around the world.
		Cost Estimating & Cost Management Niall Durkin What is the difference between cost estimating and cost management? How are they carried out, and what are they used for? Should you care? Niall addresses these issues in this article.
		Escalation Trends The TBD Bid Index is showing bid prices having risen in the Bay Area by over 50% in the past few years, with annual rates of escalation up to or exceeding 15%. Is this kind of thing unprecedented? Can we learn anything from the history of escalation? In this article we look back over the decades and see if we can get any idea of how escalation of construction costs will progress.
		Embassies Embassies serve very special needs, and have their own special needs. In this article we look at this relatively rare but very necessary building type, and the special issues that have to be considered in the design, as well as what drives the cost of embassy construction.
		Design consultant: Katie Levine of Vallance, Inc.