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'Lowest Bid Wins' Mentality of North America's Construction Industry is Threatening Environmental ReturnsVANCOUVER, British Columbia, July 28, 2017 /PRNewswire/ -- Opening a panel debate this week at PAQS2017, Adrian Ryan, Director, Fenix Energy gave a stark warning about how the "low cost, Tender – Bid – Build approach" faced by the engineering, design and construction industries, is not only "threatening the economic returns of doing it right the first time", it's impacting the "substantial business case for investing in renewables." Joining some of the world's leading scientists and environmentalists like David Suzuki, Adrian shared insights during a session on Environmental Resourcing: BC's Energy Factor. The three-day Pacific Association of Quantity Surveyors congress focused on Green Developments: The New Era, and was hosted by the Canadian Institute of Quantity Surveyors. Representing Fenix Energy Solutions Ltd., Adrian explained how the clean technology company was building a growing reputation among developers and municipalities for delivering Thermal Energy Assets from city high-rises. The company's approach upgrades buildings to harvest, store and trade thermal energy. By quantifying the increase asset value and predicting the revenue possible from selling energy to tenants or utilities, Fenix demonstrates to commercial real estate investors the return on investment, even before a project proceeds. In closing his address, Adrian reminded Quantity Surveyors of the important role they play in making infrastructure work from an economic and environmental perspective. By changing their formula from a cost to a revenue-focus, more asset owners will clearly see the business case for investing in renewables. Creating a win for the environment, community and the bottom-line. About Fenix Energy www.fenixenergy.com Media Enquiries
View original content with multimedia:http://www.prnewswire.com/news-releases/lowest-bid-wins-mentality-of-north-americas-construction-industry-is-threatening-environmental-returns-300495563.html SOURCE Fenix Energy |