Owners have fooled themselves into thinking that low-price bidding equals low cost construction, author Bill Black said. It doesn't, he contends. "All the low price buys you is change orders." 

Black, co-author of The Commercial Real Estate Revolution, is coming to St. Louis next week to discuss "the nine transforming keys to lowering costs, cutting waste and driving change" in commercial real estate and construction in a program sponsored by the St. Louis chapter of CREW (Commercial Real Estate Women) and the mid-America chapter of IIDA (International Interior Design Association).