The Top 5 Strategies for Reducing Bond Risk and Renewing Public Trust | e-Builder Construction Program Management Software For Owners
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The Top 5 Strategies for Reducing Bond Risk and Renewing Public Trust

The typically tight budgets and accelerated schedules of public school construction projects leave little room for error, especially in the eyes of taxpayers who are highly sensitive to cost overruns. 
In fact, recent headlines in local papers point to a high degree of public mistrust of many school districts that have recently tried to get bonds approved. The fear of mismanagement is derived from poor performance of past bond programs. 
Yet, many school districts rely on bonds to provide relief to overcrowding and aging school facilities. As a result, proactive school districts, including Miami Dade County Public Schools, Seattle Public Schools, and Portland Public Schools, are reviewing existing processes, controls, and procedures to get the most out of new bonds while renewing public trust. 
This eBook identifies the Top 5 Strategies that school districts are putting in place to address the risks of schedule delays and cost overruns, and achieving measurable cost reductions to fund more projects. 
The Top 5 Strategies include: 
  • Standardize Cost Controls 
  • Increase Transparency 
  • Standardize Business Processes 
  • Integrate with Financials Software 
  • Standardize Funding Source Management and Reporting Practices 

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