The Concord Group

Summer 2020 Newsletter

The Concord Group is excited to launch our new service division, Technical Services. Underneath this umbrella is a multitude of services including commissioning, building energy management, energy modeling, facility condition assessments and sustainability consulting. Join us in welcoming Mike Lodge to lead our Technical Services division. Learn more.

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Commissioning

The Concord Group Announces the Launch of its Technical Services Division

The Concord Group is excited to launch our new service division, Technical Services.

Underneath this umbrella is a multitude of services including commissioning, building energy management, energy modeling, facility condition assessments and sustainability consulting.

These services are vital to ensuring the operational requirements of the building systems are achieved. With our sector expertise and team of specialists, we act as a third-party consultant who works closely with the project team to assure the building is designed, constructed and operated as intended.

Technical Services combined with our core services of Construction Cost Management and Owner’s Representation, will enable us to provide our clients with a more robust and continuous line of services.

For more information, please visit our Technical Services page on our website.

Mike Lodge Joins The Concord Group to Lead the Technical Services Division

With more than 35 years of experience in the building services industry, Mike Lodge will lead our new Technical Services Division.

Mike has supported many higher education, mission critical, healthcare, K-12, commercial, industrial and pharmaceutical/biotech facilities both nationally and internationally.

In his role as Director of Technical Services, Mike is responsible for building and supporting these service offerings throughout the US and internationally. His experience in operations management, commissioning, project management, field testing and operations and maintenance allows him to fill multiple roles on any project team.

Mike is focused on providing clients with fully operational facilities, well trained staff, identifying potential utility savings with the mechanical systems and providing a comfortable building environment.

We are excited to have him join The Concord Group Team!

Contact Mike
Director, Technical Services
mlodge@concord-cc.com
(404) 323-0579

Market Update and the AIA Billing Index Update

AIA ABI Index

Recent data provided by AIA indicates that the Architecture Billings Index (ABI) has increased from a low of 29.5 in April to a value 40.0 in June. This shows significant stabilization in billings as well as projected positivity in new project enquiries and new contracts. However, even though the severe decline of the last three months has been halted, the index is still tracking significantly under 50.0 which indicates more firms are reporting a decline in billings rather than a rise. This is a good indicator of the reduced level of construction demand and activity that may be forthcoming in 2021. The implementation of potential federal stimulus programs may change that projection in 2021. AIA also issued data recently that suggests 2020 will see an overall decrease in construction volume of 8.1% with office and hotel projects being hit hardest.

Current Market Trends

Current bid data we have received also shows a reduction in construction costs as the market becomes more competitive. An increased number of bidders both at general contractor level and subcontractor level indicates significant tightening in the market as opportunities become less available.

Ongoing uncertainty in the market is causing contractors to be more aggressive in bidding as they try to secure a pipeline of future work to tide them over during the upcoming contraction in the economy. We anticipate seeing this trend continue through the end of the year at a minimum. Material prices are generally expected to drop or stay static due to a significant drop in demand.

Overall, we expect to see a deflationary trend in expected construction cost of between 5-10% year on year for 2020 and 2021.

Image Credit: AIA

The Concord Group Opens New Office in Atlanta, Georgia

Atlanta

Concord Atlanta Office
101 Marietta Street NW
Suite 2600
Atlanta, GA 30303
404-323-0579

New Hires

Mitch Frank
Project Management Intern

Daniel Howard
Cost Estimating Intern

Mike Lodge
Director, Technical Services

Kevin McGinty
Senior Project Manager

Anna Molinaro
Project Coordinator

Tyler Murphy
Assistant Project Manager

Yiufan Ngan
Cost Estimator I

Phillip Rhodes
Assistant Project Manager

Vincent Rizzo
Project Management Intern

Aaron Ruggiero
Assistant Cost Estimator

Collin Wojcik
Cost Estimator I

Significant New Projects

Cost Estimating

City of Chicago
Department of Aviation

GSA Region 5 IDIQ

University of Michigan
Medical Center Tunnel & Utility Upgrades

Community Health, IN
New South Campus

Coos Bay Airport
Fire Station

Watertown Airport
New Terminal

University of Illinois at Urbana-Champaign
Benchmarking Analysis

Clinton High School, IA
New High School

Fox Valley Church
New Church

Melody Senior Living
New Senior Living Facility

USDA Tourmey Nursery
New Plant Nursery

Epic Systems
Multiple Projects

Loan Monitoring

Capital Impact Partners
Murray Townhomes

BB&T
Clark at Keller Lakes

Mercantile Bank
Meijer Store

Owner’s Representation

Trinity College Dublin
Innovation Centre

Milwaukee Area Technical College
Multiple Projects

City of Sun Prairie
Wastewater Treatment Plant Expansion

MB Industries
Plant Addition

City of Cedarburg
Business Park

Sarah’s Circle
Sarah’s on Lakeside

Cedar Crest
Campus Development

Cost Segregation</h3

Ballyhoo Hospitality
Walton Street Restaurant

West Village Management
Multiple Hotels

150 Ottawa Hotel Development, LLC​
Hyatt Hotel

150 Ottawa Office Tower, LLC
Warner Building

Azad Legacy Partners LLC
Multiple Office Buildings
Shrewsbury Hotel

Chandler Lofts, LLC
NOCA Lofts Apartments

Mars Equities
Remington Lakes Office Complex

Betten Baker
Multiple Car Dealerships

Hawley Orthodontics
Dental Office

1665 ECR LLC
Super 8 Hotel

About Concord

Guiding you through the complexities of construction projects, one decision at a time.

Concord is a group of skilled engineers, owner’s representatives, project managers, cost estimators and technical construction advisors.

We offer a fully integrated suite of project management controls that mitigate risk throughout the lifecycle of a project or program, giving you the tools to make informed decisions to reduce risk, drive collaboration and streamline efficiencies across the entire project team.

From concept to creation, our development and construction consultants leverage technology and experience to deliver exceptional results on the most complex of projects.

Contact Us

Let’s successfully turn your vision into reality.

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