MetLife 200 Park Avenue Change Order Audit

  • Location: New York, New York
  • Building Size: 357, 200 SF
  • Client: MetLife
  • Architect: Woods Bagot
  • Market Sector: Commercial + Office

The project is an interior office fit-outs gross floor area of 357,200 sf consisting of mezzanine to 6th lower floors, and 56th and 57th upper floors. It is located at the MetLife building on 200 Park Avenue, in New York City. Costrak Consulting was originally contracted by MetLife via Stuart-Lynn to provide a construction cost estimate at the start of the project to provide MetLife a second opinion of the cost for this project. Costrak was again retained by MetLife via Stuart-Lynn at the completion of the project to provide a review of all the change orders that were issued by StructureTone and JLL as well as the overall management of the project to determine the causes and reasons for the cost overruns. Costrak reviewed all the change orders, held meetings with MetLife project personnel and StructureTone project personnel. Additionally, Costrak has conducted their own estimates of all the change orders to verify their accuracy.

Cost Managers, Schedulers,  Project Managers,
Asset Managers.

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