In rural and southern Illinois, where hunters harvest thousands of deer annually, families turn ground venison into savory breakfast sausage -- practical Midwest twist on classic Southern biscuits and gravy.
Educational facility construction is the closest we come to a $100+ billion perpetual motion machine. In today's Monthly Construction Spend report we find confirmation that -- at a rate of $138B annually -- US education industry is the largest building construction market in the world. With upwards of 45 million square feet the University of Michigan has the largest measure of square footage of any campus in the world; hence our 35+ year interest in managing cost through the global standards system.
As the adage goes: "The cure for high prices, is high prices". Today--ahead of next week's November elections in the United States -- we explore fiscal runaway with particular interest in the instruments that finance construction of the real assets. We recap what we have been doing for 30-odd years placing downward pressure on life-cycle cost.
We follow listings of a few offerings; examining their claims about new building construction, operations, maintenance and related budgetary "sausage-making". Large chunks of the US population want to retire on the yield thrown off by these instruments. School bonds can partially protect retirees from the looming tax hammering to be administered by partisans of Leviathan government.
Educational settlements should be magical places. The stack informing the beauty of these "cities-within-cities" changes 100 to 1000 times per day globally. Titles are time-sensitive, copyright protected and land in public law. We monitor the action continuously to formulate response to public consultations. Topics appear on our CALENDAR and explored every day at 15:00 UTC. Recommend refresh of this web page once or twice to see timeliest information.
A large tranche of square footage in education facilities does not comply with swiftly-moving building codes very long. Rehabilitation project scopes must be crafted so that legacy infrastructure systems are made code compliant along with new square footage. The IEBC sets broad safety parameters for most dimensions of this type of rehabilitation activity.
In May of this year NIST renamed and expanded its former "AI Safety Institute Consortium" into the NIST "Artificial Intelligence Consortium". This shift moves the focus from primarily safety toward AI measurement, innovation, adoption, and U.S. competitiveness. NIST is actively seeking new members. Participation involves a Cooperative Research and Development Agreement (CRADA). Letters of interest are accepted on an ongoing basis.
We are tooling up for the NFPA 2029 National Electrical Code Technical Committee Meetings in September and the IEEE Industrial Applications Society Meetings in October.
Curated updates posted by global standards developers.