Florida State University has awarded Axias a three-year term contract, with two additional option years, to provide construction cost consulting services and assist the university with establishing realistic estimates and budgets for projects. Our team of professionals will support FSU through the entire project lifecycle, with services ranging from facility condition assessment, long-range capital planning, feasibility studies, and early concept cost estimates to design phase cost estimates, third-party budget reconciliations, value engineering, GMP negotiation, and construction phase cost audits.
FSU is one of the largest and oldest of the 12 institutions of higher learning in the State University System of Florida and extends over three campuses: main (Leon County), Sarasota, and Panama City. Many current and planned construction projects are in the works, including an $88 million research facility and a $120 million new business school. This contract is an exciting win for our Tampa, Florida, office and builds on our long and successful track record working with higher education institutions.
The recent volatile and uncertain construction economy has shown the value of professional and independent construction cost consulting as fluctuating material, equipment, and labor costs continue to pressure project budgets. Public entities continue to rely on and benefit from our services that support their planning and budget validation processes.
For more information about our work in Florida, please contact Steve Lee.