Danto Builders How to Deal with Construction Site Contamination | Page 16

Limited Construction Funding
With the demand for sophisticated healthcare centers increasing, hospital management is finding it
hard to fund the necessary construction improvements required in the construction of buildings.
Also, capital resources are increasingly becoming limited.
Solution
Hospitals need to weigh the total construction cost against the stipulated budget and opt for
facility designs and construction methods geared to reduce or optimize costs. Comparing the
services and prices of various proven contractors is highly recommendable.
Secondly, there is a need for hospital or construction management to work with financial
consultants to decide on the type of capital most appropriate for the construction and the best time
to undertake the building phase. This way, hospitals can mitigate potentially high costs of funding.
Additionally, 3-D modeling allows for early correction of errors and prevents costly future
changes.