Battling Budgets.(constructing a school building)
American School & University, November, 2006 by White, Stacey
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Byline: Stacey White Higher-education institutions are facing financial crises in their capital programs. Constant increases in the cost of oil, combined with material shortages in copper, steel and gypsum products, have contributed to an inexorable rise in the cost of construction. At the same time, capital budgets are decreasing.
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The result is that the education industry is caught in a "perfect storm" of circumstances: Competition for financial resources has increased Construction costs have increased significantly, and funding for state ...
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