FiftySix Ventures
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Construction and infrastructure

Takeaways

Clamp change orders with guardrails and speed approvals to avoid schedule slips.

Key findings

  • CO volume held <5% with pre-priced units and thresholds.
  • Approvals averaged 5 days with day-3 escalation reducing queue time.
  • No net delay: slips on foundations offset by on-time steel and MEP.

Signals

Change orders % of contract
4.8%
held below 5% vs ~10% typical
Approval lead time
5 days
auto-escalations at day 3
Delay days
0 days
delivered on time

What we would do next

  • Lock pre-approved unit costs into the master contract.
  • Daily CO huddle: review >€10k or >3-day items.
  • Add vendor scorecards to spot chronic laggards.
FiftySix Ventures