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International Comparisons Of Cost And Productivity In Construction: A Bad Example, Rick Best
International Comparisons Of Cost And Productivity In Construction: A Bad Example, Rick Best
Rick Best
In a report published in June 2012 the Business Council of Australia (BCA) reported that it costs considerably more to build a variety of types of infrastructure in Australia than it does in the US. Airports (90 per cent more costly) and hospitals (62 per cent) were quoted as the worst cases with other projects ranging from 26 to 43 per cent more. They used these figures to conclude that Australia is a high cost, low productivity environment for building infrastructure projects. These claims were based on cost/m2 figures published by a major international construction consultancy. The method used by …