Archive for June, 2015

Quick guide to cash allowances

Cash Allowance 1

You are designing a renovation to an airport departures terminal, and a constant problem in the design process has been the excessive amount of time required to obtain approvals and finalize details from the many stakeholders in the project (including airport authorities, security agencies, airlines and many others). You are behind schedule, the tender deadline is nearing and the design for the ticketing counters is still in progress. It doesn’t look like you are going to obtain review and approval to proceed in time to make the deadline. What do you do? Postpone the tender? This is a case where a cash allowance may come to your rescue. Read More…