The Costs of Facility Development: A Comparative Analysis of Public and Private Sector Facility Development Processes and Costs

Abstract

Due to the concerns of public officials over the cost and quality of facilities, interest in understanding why public university buildings appear to cost more than private sector buildings is high. This monograph responds to these concerns by comparing cost, quality and time factors of selected public and private sector facilities in the State of Wisconsin to determine if private sector project development is less expensive than public sector project development, and if so, why.