The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
shows 
every show 44 of 44
Modon: EPCs reject better software because efficiency cuts billable hours
“There's no real incentive structure for an EPC to want better software. It's the same reason your law firm doesn't necessarily want like AI software to help them accelerate, you know, and reduce their billables.”
Modon: Unlimited Industries prohibits change orders in its contracts
“We literally put, like, no change orders in our contracts.”
Modon: Unlimited completes 100% of engineering upfront before committing to price
“We've been able to not only Kind of like remove all that extra risk by taking the definition instead of, you know, doing that at 30%, we can take that definition all the way through a hundred percent.”
Modon: Fixed-firm EPC contracts use scope loopholes to trigger change orders
“Most of these fixed firms aren't really like industry themselves. I mean, we've seen time and time again where it's like a fixed firm doesn't really mean a fixed firm because there's inevitably some way that in the thousand page contract that you assigned with…”
Modon: High engineering costs force projects into single-pass local optima
“Because again, such a high marginal cost to engineering, what you end up doing is you only really design something one pass through. There's no sort of iteration. There's no optimization of design. And that leads you to a spot where you kind of make early deci…”
Modon: Treating construction projects as one-offs eliminates learning curve benefits
“When we move into projects world, everything's a snowflake. It's like, you know, everything's end of one. Even a project that we're building, you know, we built lots of refineries. That next refinery that we build is still an end of one project. And because it…”
Modon: Small tweaks in EPC design trigger full-scale redesigns
“Every tweak or change that you make effectively reintroduces the entire redesign of the process. And so, yes, there's some stuff that gets lifted, but the overall amount of work that happens is not the kind of delta of the change. It is like a significant reha…”
Modon: Most projects reach final investment decision with 30% engineering complete
“In the vast majority of projects, when you go to final investment decision and you have plus or -10% estimates, you're only maybe 30% of the way through your engineering. 70%, you still have to go do.”
Modon: Unlimited Industries can collapse data center design phases
“Instead of the design portion taking, call it six to nine months of your critical path. We can massively collapse that period of time. And that's really important for these data center projects to kind of accelerate how quickly we can actually build them.”
Modon: Unlimited Industries will vertically integrate all trades in-house long term
“Certainly long-term, we will do everything in-house. We will vertically integrate as much as possible because that's where you can fix the incentives all the way through.”