Understanding General Contractor Fee Erosion Question Title * 1. Please select the (top 5) contributing factors to GC Fee Erosion Increased General Conditions / General Requirements Inaccurate Estimates / Missed Scope / Scope Creep Incomplete Drawings / Design Errors & Omissions Schedule Delays Defective Work / Rework Poor Coordination Weather Delays Inexperienced Project Teams / Employee Turnover Salary Escalations Change Orders Added scope by AHJ's / Municipalities Procurement Delays / Material Escalations Improper selection of Trade Contractors Inaccurate or undeveloped schedule Late design and late decisions by Owner and Design Team Improper execution of the Project Execution Plan Owner not acknowledging change order work and lack of prompt change order approval Other (please specify) Question Title * 2. Please select the (top 3) contributing factors to General Conditions cost over runs Project is staffed in a different manner than originally bid Increased project duration Salary escalations Inaccurate General Conditions estimate Employee Turnover Inaccurate project schedule Added scope of work Other (please specify) Question Title * 3. Please select the (top 3) contributing factors to General Requirement cost overruns Increased project duration Inaccurate General Requirement Estimate (Rubbish Removal, MOT, Off Duty Officers, Temp Utilities) Project site is being ran in a different manner than originally bid. Unforeseen Site Constraints. Missed scope in Division 1 (General Requirements) Other (please specify) Question Title * 4. Please select the (top 3) main causes for increased Schedule Duration Bad logic or inaccurate Contract Schedule (Contract Schedule not fully developed) Subcontractor not adhering to contract durations Owner caused delay Late procurement Poor coordination Deficient work / Rework Weak project team No input from trade contractors on Schedule Duration The Field Team just did not get it done Owner not acknowledging change order work and the lack of prompt change order approval Late design decision & lack of RFI turnaround by the design team Contractor was overly aggressive with project schedule to "win" the project Other (please specify) Question Title * 5. Is the majority of your work Competitively Bid or Negotiated Work Competitively Bid Negotiated Contract Other (please specify) Question Title * 6. Please indicate your average project General Contractor Fee <3% 3.0-3.4% 3.5-3.9% 4.0-4.4% 4.5-4.9% 5.0 or >5.0% Other (please specify) None of the above Question Title * 7. Please indicate average project value <$1 Million $1-10 Million $10-20 Million $20-60 Million $60-80 Million $80-100 Million $100-250 Million >$250 Million Other (please specify) None of the above Question Title * 8. Please describe your position in the organization Principal (Owner, CEO, Etc) Vice President Upper Management Executive (PX) Project Manager Assistant Project Manager Project Engineer Superintendent General Superintendent Other (please specify) None of the above Question Title * 9. Describe the frequency you witness GC Fee Erosion Rarely experience Fee Erosion Occasionally experience Fee Erosion Fee Erosion is experienced on almost every job Other (please specify) None of the above Question Title * 10. Please rate how important preventing Fee Erosion is to your organization Little to no Importance Moderate Importance High Importance Extreme Importance Done