Services

Project Delivery

Project Delivery Values
Transparent Project Delivery
Profit-at-Risk Delivery
Capital Program Management
Design Build
Project Management
Construction Administration

“We win when you save.”

Oakwell TPD Principle

“Open books. Aligned incentives.”

Oakwell

Services

Project Delivery by Oakwell

At Oakwell, project delivery is more than just construction — it is protecting the owner’s capital, operations, and derisking them.

Our project delivery approach is built for non-profit health systems and universities where every decision can affect patient care, research continuity, student life, campus operations, and financial performance.

OUR VALUES

Project Delivery Principles

At Oakwell, we safeguard institutional capital and operational continuity—going beyond just completing construction. We align every decision to protect patient care, campus performance, and long-term financial value where the stakes are highest.

Transparency

Owners deserve full visibility into where their capital is going — and how it is being spent.

  • We use open-book financials to create clear visibility into project costs, assumptions, risks, contingencies, and tradeoffs.
  • We believe major financial decisions should be made with full information, not buried markups, unverifiable estimates, or late-stage surprises.
  • We create governance structures that give owners more visibility and control without forcing them to manage construction details themselves.
  • When applicable, we conduct bidding events and leveling to bring home the value for our clients.

Reduced Owner Risk

Owners should not be forced to carry disproportionate project risk — especially when they do not control the day-to-day construction.

  • We identify cost, schedule, delivery, and operational risks early before they become expensive change orders or disruptions.
  • We plan around the realities of active hospitals and campuses, including utilities, shutdowns, infection control, research continuity, academic calendars, student life, and access constraints.
  • We structure delivery approaches that reduce financial surprises, protect operations, and preserve owner capital.

Accountable Outcome Alignment

Project teams should succeed when the owner succeeds.

  • We align owners, contractors, designers, and engineers around shared financial and operational outcomes.
  • We believe owners' contingency should protect against true project risk — not become a default cushion that fills providers' pockets.
  • We structure delivery models that reward efficient design, proactive collaboration, turnkey execution, and projects delivered below cost and ahead of time.

Foresight

Timing and strategic cadence can determine whether a project creates value or drains capital.

  • The best project delivery partners help owners decide not only what to build, but when, why and how.
  • We evaluate whether a project will alleviate the owner’s balance sheet, improve borrowing capacity, and advance the mission and long-term resilience.
  • We evaluate the right time to build, sequencing the project correctly to unlock the best incentives, strongest savings, reduced risk, and greater Return on Investment (ROI).

A Better Way to Deliver Capital Projects – and Derisk Owners

Transparent Project Delivery

Outcomes for owners

01

Early risk visibility and reduced risk for capital projects

02

Cost certainty and reduced change orders

03

Efficient use of capital and reduced waste

04

Efficient and innovative solutions that lower lifecycle costs

The Problem with Traditional Delivery Models

Traditional delivery models have made construction and capital projects unpredictable and expensive.  

If you are a CFO, executive sponsor, financial or facilities leader responsible for capital projects at a health system or a university, you will find yourself asking:

Why do over 60% of construction projects cost more than planned?

Why do we have to set aside so much contingency that we rarely get back?  

Why am I making financial decisions without clear visibility into risk or tradeoffs?

That’s because most project delivery models were never designed for today’s level of volatility. Over the past decade, the cost of building hospitals, academic buildings, and infrastructure has increased dramatically, forcing CFOs and sponsors to approve capital for projects without having full clarity. Costly labor, costly materials and ever-changing schedules force the owner to carry large contingencies, delay or cancel projects and bear the brunt of late-stage change orders.

The owner bears most of the risk, even though they have the least control over day-to-day construction decisions.  

Red tower crane against a blue sky at a construction site

This results in:  

  • Risks being discovered late
  • Contingency spent haphazardly, not strategically
  • Problems turning into change orders
  • Financial decisions feeling reactive, instead of planned

Owners aren’t making poor decisions. The traditional model itself is working against them.

The Paradigm Shift

Instead of thinking...
“How do we transfer as much risk as possible to contractors?”

We ask...
“How do we identify and manage risk earlier—before it becomes expensive?”


We do that by:

  • Understanding the project together early  
  • Making risks visible instead of hidden  
  • Aligning everyone around the same financial outcome  
  • Rewarding efficient solutions that reduce cost and disruption while improving quality
Transparent Project Delivery is a governance and financial framework designed to give owners more clarity and control.
A conceptual diagram of the Transparent Project Delivery contract structure.

Open Book Financials

This is what makes this model ‘transparent’. All costs are visible to owners, at all times – from planning to turnkey delivery of the project. No lump‑sum pricing or unverifiable assumptions. Costs are developed transparently. Owners can actually see:  

  • What things truly cost  
  • Where uncertainty exists
  • How decisions affect the overall outcome
  • This makes financial conversation clearer—and happen earlier.

Provider Profits at Risk

Traditional models often reward protecting individual interests, pushing risks to others, and maximizing claims when things go wrong. Contractors’ and designers’ profits have something at stake. If the project goes over the base planned cost, their profits take the first hit. The owner’s contingency stops acting as their default cushion.

A construction project manager examines a project schedule

Shared Savings Agreement

Transparent Project Delivery transfers the risk of cost overages to designers and contractors and rewards them for their efficiency through shared savings.

When projects come in under the planned base cost, 50% of the unused budget is returned to the owner, and the rest is split between designers and contractors. This ensures that there is an incentive for efficient, innovative, and constructible solutions.

Contingency becomes a strategic tool, not a cushion.

Instead of holding excessive "just in case" contingency, this approach:  

  • Ties contingency directly to identified risks  
  • Tracks how and why it is used  
  • Returns unused funds instead of burying them in final cost. For CFOs, this is often the most meaningful change.

When everyone works toward the same success metric, animosities and weaponized change orders disappear – making way for trusted partnerships.

Why This Matters

Hospitals and universities are not empty job sites.

They are active environments with real‑world consequences:  

  • Patient safety and infection control  
  • Academic calendars and research continuity  
  • Student housing and campus life  
  • Utilities, shutdowns, and access constraints
Hospital building lobby with a seating area and staff walking on stairs

This delivery approach explicitly plans for those realities instead of reacting to them. It allows institutions to:  

  • Improve their revenue  
  • Protect operations during construction  
  • Reduce financial surprises  
  • Stretch limited capital further

See how Grady Health unlocked $30M in cost savings through Transparent Project Delivery.

Transparent Project Delivery gives owners a derisked solution — one where costs are visible, risks are managed early, and project teams are rewarded for protecting capital instead of consuming it. The question is no longer, “Can we afford to build?” It is, “Can we afford to keep building the same way?”

Connect with Oakwell to build with clarity, reduced risk, accountability, and confidence.

Introduce Transparent Project Delivery to Your Executive Team

Download our Intro to TPD eBook that explores open-book financials, profit-at-risk model, and shared savings agreements. This document acts as a plain language guide that explains TPD for owners and executives.

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Profit-at-Risk Delivery

Align Incentives. Change Outcomes.

Profit-at-Risk Delivery

Outcomes for owners

01

Stronger incentive alignment across project teams

02

Reduced owner exposure to cost escalation

03

Greater accountability for project performance

04

Shared participation in project savings

Accountability That Changes Behavior

Traditional project delivery often rewards activity rather than outcomes. Oakwell's Profit-at-Risk Delivery changes that dynamic by creating direct financial accountability for project performance.

Under this model, providers have something at stake when projects get delayed and go over planned costs. But they also stand to gain when they help the owner reduce costs, manage risk, and create savings.  

The result is a powerful incentive structure that encourages efficient engineering and design, proactive collaboration, disciplined execution, and upstream problem-solving. When projects outperform expectations, savings can be shared among the parties responsible for creating them. When costs rise, provider profit is exposed first, before the owner’s contingency capital becomes a cushion.

For institutions seeking the behavioral and financial benefits of Transparent Project Delivery without completely modifying their existing contract structures, Profit-at-Risk Delivery can provide a focused, streamlined alternative.

A hydraulic crane lifts an HVAC unit to the rooftop of a building

Why This Matters

Incentives Drive Behavior

  • Traditional delivery models often reward construction volume rather than cost efficiency.  
  • Provider profits are frequently protected regardless of project outcomes.  
  • Owners carry significant contingency despite having limited control over day-to-day execution.  
  • Financial accountability can drive earlier collaboration, better decisions, and stronger project outcomes.  
  • Shared savings structures reward teams for creating value instead of consuming it.
Functional boiler plants inside a facility

Our Approach

Shared Accountability. Shared Success.

Oakwell works with owners, designers, contractors, and project teams to establish clear performance expectations, profit-at-risk structures, and shared savings mechanisms.

By aligning financial outcomes around project success, we create an environment where providers are rewarded for reducing costs, minimizing disruption, and protecting owner capital through efficient design and delivery.

When incentives align, better outcomes follow.
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Capital Program Management

Build the Right Projects, in the Right Order – and the Right Way

Capital Program Management

Outcomes for owners

01

Higher ROI across capital investments

02

Lower total cost of ownership over time

03

Improved alignment between facilities, finance, operations, and leadership

04

Greater long-term value creation across the infrastructure portfolio

Capital Programs Built Around Long-term Institutional Value

Hospitals and universities manage complex portfolios of capital needs across infrastructure renewal, deferred maintenance, expansion, resiliency, decarbonization, real estate, and operational improvements. The challenge is rarely identifying worthwhile projects.  

It is determining how capital should be deployed, sequenced, governed, and executed to maximize long-term institutional value.

Multiple buildings in a hospital campus

Oakwell brings a unique perspective as engineers, financiers, project delivery leaders, and infrastructure strategists. We understand how project sequencing affects ROI, how financing influences implementation, how operational constraints impact delivery, and how individual projects can either compete for capital or strengthen one another.

We help institutions transform capital planning from fragmented projects into an implementable, long-term roadmap that aligns with institutional intent and mission.

Why This Matters

The Highest-Value Capital Programs Are Deliberately Sequenced

  • Capital needs often exceed available funding, requiring disciplined prioritization and strategic allocation of resources.
  • The timing and sequencing of projects can materially affect ROI, financing options, incentives, operational disruption, and lifecycle value.
  • Weak front-end planning frequently leads to scope uncertainty, schedule pressure, budget growth, and reactive decision-making.
  • Infrastructure, real estate, operational, and financial decisions are deeply interconnected and should not be evaluated in isolation.
  • Long-term institutional performance depends on balancing first cost, total cost of ownership, deferred maintenance reduction, resiliency, and mission impact.

Our Approach

Governance, Sequencing, and Programmatic Execution

Oakwell helps institutions develop implementable capital programs that align infrastructure investments with operational priorities, financial strategy, growth, and mission.

Our approach combines strategic capital planning, front-end project development, governance structures, project controls, financial planning, and implementation sequencing into a single framework. We help owners determine which projects should move first, which should be bundled, which should be deferred, and how each investment contributes to future savings, resiliency, operational performance, and mission advancement.

Tall glass building on a blue sky background

By integrating engineering, financing, project delivery, real estate and sustainability we help institutions maximize value not only within individual projects, but across the entire capital portfolio.

Our Capital Program Management Services

  • Strategic capital planning and prioritization
  • Capital program governance & decision frameworks
  • Infrastructure & real estate sequencing strategies
  • Front-end planning & scope development
  • Financial strategy & capital deployment planning
  • Budget, schedule & risk controls
  • Deferred maintenance & asset renewal planning
  • Lifecycle cost & total cost of ownership analysis
  • Executive reporting & program performance dashboards
The value of a capital program is measured by how effectively capital is deployed. Let’s make each dollar work harder.
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Design Build

Delivery Built Around Owner Value

Design Build

Outcomes for owners

01

Faster project delivery with stronger scope and cost discipline

02

Improved constructability and fewer coordination gaps

03

Better lifecycle performance and maintainability

04

Clearer accountability across design and construction teams

Design-Build with Owner Discipline Built In

Design-build can be powerful when teams are aligned early. It can also become expensive when speed replaces discipline, estimates harden too late, or design decisions optimize for construction convenience instead of long-term owner value.

Oakwell’s design-build approach integrates engineering, project delivery, cost validation, and operational planning from the beginning. We do not treat design-build as a shortcut to construction. We use it as a disciplined delivery structure to reduce coordination risk, improve constructability, and make smarter decisions before capital is locked in.

Because Oakwell brings engineering, financing, and project delivery thinking together, we evaluate every design-build decision through first cost, lifecycle cost, operational impact, maintainability, incentives, and long-term performance.

Blueprint of a new facility

Why This Matters

Fast Delivery Should Not Mean Blind Delivery

  • Design-build moves quickly, but speed without transparency can increase owner risk.
  • Early design decisions lock institutions into decades of operating costs.
  • Poor coordination between design and construction can lead to change orders, delays, and scope gaps.
  • Owners need constructability and cost certainty without sacrificing lifecycle performance.
  • Active hospitals and campuses require delivery teams that understand operations, access, shutdowns, and continuity.
Three engineers on a construction site discussing project details

Our Approach

Oakwell coordinates design and construction around the owner’s operational and financial goals. We bring engineers, contractors, facilities teams, and project leadership together early to validate scope, identify risks, improve constructability, and align the project around measurable outcomes.

Our design-build work is grounded in transparency, technical rigor, and lifecycle thinking. We focus on building the right solution, and not just the fastest or most convenient one.

Design-build should accelerate value — not hide risk.
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Project Management

Owner-Side Leadership for Complex Capital Projects

Project Management

Outcomes for owners

01

Stronger coordination across designers, contractors, vendors, and stakeholders

02

Better visibility into cost, schedule, risk, and decision points

03

Reduced operational disruption during project execution

04

Clearer accountability and fewer late-stage surprises

Protecting the Owner’s Seat at the Table

Our role is to protect the owner’s capital, operations, schedule, and long-term interests through disciplined project leadership.

Capital projects involve many parties — designers, contractors, consultants, facilities teams, executives, vendors, authorities, and end users. Without strong owner-side leadership, decisions can become fragmented, risks can escalate, and the owner’s priorities can get diluted.

Oakwell serves as the owner’s project management partner and advocate. We keep the project organized, decisions visible, stakeholders aligned, and delivery teams accountable to the institution’s goals.

Capturing progress photos for owner reports

Why This Matters

Complex Projects Need a Strong Owner Advocate

  • Owners are often asked to make major decisions without clear visibility into cost, risk, or tradeoffs.
  • Multiple parties can create fragmented accountability and slow decision-making.
  • Active hospitals and campuses require careful coordination around operations, access, shutdowns, safety, research, and student life.
  • Small delays in decisions, procurement, or coordination can create major downstream cost impacts.
  • Project success depends on keeping everyone aligned around the owner’s priorities.

Our Approach

Clear Direction, Fewer Surprises

We create the structure, cadence, and visibility needed to move projects forward with confidence — while making sure the owner’s interests remain central at every stage.  

Oakwell manages the project from the owner’s perspective. We coordinate teams, track scope, budget, schedule, risks, decisions, and deliverables, and help leadership understand what needs attention before issues become expensive.

Your project needs more than coordination. It needs an owner advocate.
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Construction Administration

Protecting Owner Intent Through Construction

Construction Administration

Outcomes for owners

01

Better protection against unnecessary change orders and claims

02

Stronger oversight of quality, scope, schedule, and design intent

03

Reduced disruption to active campus and clinical operations

04

Greater confidence that the final asset performs as intended

Construction Administration in Service of the Owner

Our job is to make sure what gets built matches what was promised — and that construction decisions do not compromise long-term performance.  

Construction administration is where projects either protect or lose value—without disciplined oversight, scope drift, field decisions, and change orders can quietly erode performance, budget, and schedule. Oakwell acts as the owner’s advocate on-site, ensuring what gets built stays aligned with the original intent while actively managing risk across cost, quality, and execution.

A construction project manager examines a project schedule

Why This Matters

Construction Is Where Good Plans Can Lose Value

  • RFIs, submittals, and field decisions can materially affect cost, quality, and performance
  • Change orders can shift financial risk back to the owner if not reviewed carefully
  • Poor construction coordination can disrupt active clinical, research, academic, and campus operations
  • Owners need a technical advocate who can evaluate claims, risks, tradeoffs, and execution quality
  • Long-term maintainability and performance are often shaped by decisions made during construction

Our Approach

Oversight That Connects Field Decisions to Owner Outcomes

Oakwell supports owners through construction with disciplined oversight, technical review, issue tracking, and coordination across project stakeholders. We help evaluate RFIs, submittals, change orders, schedule impacts, quality concerns, and operational constraints.

Because we understand engineering, finance, project delivery, and campus operations, we look beyond construction completion. We focus on whether the work protects the owner’s capital, supports operations, and performs as intended over time.

Oakwell integrates capital planning, financing strategy, project delivery, and construction oversight into a single, accountable model that protects your capital and operational performance from concept through completion.

The result: clearer decisions, lower risk, and projects that deliver measurable financial and operational outcomes—by design, not by chance.

Projects get built once. The consequences last for decades. Construction oversight should reflect that.
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