Broken Buildings, Busted Budgets: How to Fix America's Trillion-Dollar Construction Industry.

Author:Gourdin, Kent N.
Position:Bookshelf Ideas
 
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Broken Buildings, Busted Budgets: How to Fix America's Trillion-Dollar Construction Industry by Barry B. LePatner, Robert E. Wright, and Timothy C. Jacobson (University of Chicago Press, October 2007), ISBN-13: 978-0-226-47267-6, ISBN-10: 0-226-47267-1, $25.00.

Boston's Big Dig broke ground in the mid-1980s, and ten years later broke records as the most expensive highway project in US history, running nearly $10 billion over budget. But it's only the most visible example of an increasingly common trend. Across the nation, construction projects large and small--from hospitals to schools to simple home improvements--are spiraling out of control with delays and cost overruns. Clearly, the construction industry is in urgent need of reform. In Broken Buildings, Busted Budgets, prominent construction attorney Barry B. LePatner builds a powerful case for change in America's sole remaining "mom and pop" industry--an industry that consumes $1.23 trillion and wastes at least $120 billion each year. With three decades of experience representing clients that include eminent architects and engineers, as well as corporations, institutions, and developers, LePatner has seen firsthand how this risk-averse industry is plagued...

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