The Concord Group

Winter 2024 Newsletter

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Streamlining Healthcare Compliance: The Power of Digital Dashboards

If you work in healthcare compliance, you’ve likely experienced the frustrations of managing written reports. Questions like, “Were these issues properly documented? Are there visuals available? What will the repairs cost?” are all too familiar.

Concord’s Facility Assessment Condition Toolset (FACTs) has revolutionized traditional written reports by transitioning them into dynamic digital dashboards. Through our collection app, we efficiently document reviews and assign pass/fail designations, streamlining the process. FACTs shows what is completed, in progress, or awaiting funding, providing clients with comprehensive oversight. Additionally, our in-house cost estimating team provides reliable estimates, enhancing overall transparency and decision-making.

Check out the video for a sneak peek of FACTs.

Market Update and the AIA Billing Index Update

By Eamon Ryan, Chief Operating Officer

Current Market Trends

Recent material price updates indicate some significant increases will be upcoming in 2024 for the cost of some of the most commonly used construction materials. Aggregates are expected to increase 10-12%. Mineral Wool Insulation suppliers have indicated that demand coupled with supply chain issues have resulted in extended lead times and some orders being put on hold for several months, which will likely put upward pressure on material prices.

The cost of diesel has already increased on average 21 cents per gallon in February, with more increases likely as warmer weather approaches and the volume of trucking increases.

Labor availability continues to be an issue, especially in the non-residential market. Recent employment data shows that contractors have double the number of openings they are currently able to fill. Based on the most recent data from the Bureau of Labor Statistics, construction employment has gained over 215,000 jobs in the past 12 months. This, coupled with an average 4.9% year-over-year increase in hourly earnings for production employees, contributes to the ongoing cost pressure that we are seeing in major construction markets.

Over the past 12 months, cost escalation has leveled off compared to the previous 24 months. Based on cost data for the first two months of the year and projections going forward, we expect cost escalation to remain at approximately 4-6% annually through the end of 2024.

AIA ABI Index

AIA has recently reported that the Architecture Billings Index (ABI) has, for the 12th month in a row, registered a score below 50, which indicates more firms have reported a decrease in billings compared to the previous month. This trend suggests that we expect to see a decrease in the volume of new projects moving into the construction phase in the next year or so.

Image credit AIA

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Bobby Adelizzi
Senior Project Manager

Paige Davis
Project Manager

Josie Hastings
Project Manager

Anna Molinaro Wakley
Project Manager

Jacob Rhodes
Cost Estimator II

Bill Tilleman
Senior Cost Estimator

Seamus Wallace
Director of Cost Management


Tim Clancy
Director of Project Management

Connie Gan
Cost Estimator II

Justin Johnson
Associate Director, Technical Services

Yiufan Ngan
Cost Estimator II

Ciara Ryan
Assistant Controller

John Tilleman
Chief Information Officer

Russ Tilley
Senior Environment of Care/Life Safety & Healthcare Project Manager

New Hires

Laura Arboleda 
Assistant Project Manager

Steve Gozdowiak
Assistant Project Manager

Marco Braschi
Assistant Project Manager

Sidney Mechling
Assistant Project Manager, Technical Services

Significant New Projects

Cost Estimating

Bexley City Schools – Bexley, OH
Masterplan

Caring Place Complex – Crandon, WI
Community Health Facility

City of Franklin – Franklin, TN
City Hall

City of Lexington – Lexington, KY
Senior Center

Eaton Rapids, MI
Teen Center

General Services Administration – Multiple Locations
Multiple Projects

Illinois Capital Development Board
Northwest Armory Renovation

Illinois Housing Development Authority – Multiple Locations
Grant Applications – Multiple Projects

Milwaukee County – Milwaukee,  WI
Multiple Projects Budgeting

Morehead State University – Morehead, KY
Science Building

University of Chicago – Chicago, IL

Multiple Projects Budgeting

University of Illinois at Urbana-Champaign – Champaign, IL
– 
Undergraduate Library
– Japan House

University of Iowa Health – Iowa City, IA
New Inpatient Tower

University of Pikeville – Pikeville, KY
College of Dentistry

Wounded Knee School District – Porcupine, SD
School Campus Replacement

Owner’s Representation

Brown County – Green Bay, WI
North Pod Addition

Democratic National Convention – Chicago, IL
2024 Chicago

Givens Communities – Asheville, NC
Vista Ridge South

Health Partners – Stillwater, MN
Lakeview New Campus

Medical College of Wisconsin – Milwaukee, WI
Cell Therapy Project

Milwaukee Area Technical College – Milwaukee, WI
Oak Creek Campus Baseball Field Lighting & Driving Track Course

Milwaukee County Zoo – Milwaukee, WI
Penguin, Rhino & Front Entrance Projects

Seton Catholic Schools – St. Francis, WI 
New Schools Project

Sherwin Williams – Statesville, NC
Statesville Manufacturing Expansion

Tahiti Village Resort & Spa – Las Vegas, NV
Guest Rooms Renovation 

Facility Condition Assessments

Palos Hills, IL
City-wide Infrastructure & Facility Assessment Dashboard Creation

United States Department of Agriculture, Multiple Locations
Master Planning Dashboard Creation

Commissioning

Brown County – Green Bay, WI 
Central Library

Chick-Fil-A
College Park, Maryland
2nd Ave, New York

Givens Communities – Asheville, NC
Vista Ridge South

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 + construction consultants leverage technology and experience to deliver exceptional results the most complex of projects.

Contact Us

Let’s successfully turn your vision into reality.

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