General Report - Deep Excavations "He Who Pays The Piper Calls The Tune"
Organization: Deep Foundations Institute
Jan 1, 2006
This general report considers what promoters of deep basement projects want from their teams and whether they get it often enough. Most large projects are based on complex financial models where the funding is related to a future income stream. Project delays and cost over-runs can critically affect the financial model. Too often, delays and cost over-runs originate in the substructure and foundations. We must take positive steps to improve our industry's reputation for reliability.