Owner’s who demand the highest standards of care and want to attract the best Suppliers are best served by more balanced contracts
Category: CAPEX
Best Practices – The Post-COVID Office – How organizations are managing return to work
The following content was originally published July 2021 on IBM’s Category Newsletter. The Post-COVID Office – Our New Normal By Olivia L’Heureux Category Manager – Facilities With light at the end of the quarantine, Companies are preparing to bring worker’s back to the office. Offices are being reconfigured to promote new safety protocols and make…
Market Watch – How Procurement Can Become a Strategic Partner and Mitigate Supply Chain Disruptions
As we continue our recovery from the impacts of the pandemic, inflation rates across the globe are on the rise.
Industry Watch – Pay-When-Paid – A Common but Illegal Term that Exists In Most Construction Contracts.
General Contractor should not rely on the Owner’s contract to define the terms and obligations between the Contractor and his subcontractors. Rather, the GC should specifically state any and all of their sub-contractor terms (including payment obligations) independently of the Owner’s obligations to the GC. The Contractor should adhere to those terms independent of what may or may not be happening between the Contractor and the Owner.
Commentary – Modular Construction – How the Industry Continues to Mix Delivery Models with Means and Methods and How it will Never Advance Because of It.
Design for Manufacturing and Assembly is a delivery model that could, “change the industry…to build better quality housing on time and at speed.”
Best Practices – Hourly Rates – Are Blended Hourly Rates Favorable for Owner’s?
Our models determined that both parties were at risk using blended rates.
Best Practices – Architectural Services – How to Negotiate Your Architect’s Rates?
Once you have a short list of candidates based on qualifications, (and ONLY then) you can consider price.
Industry Watch – Ebert Construction – How Greed and Mismanagement Brings Down One of NZ’s Largest Builders.
Subcontractors like Hardware Direct were being exercised by Ebert right up until the day the announcement was made.
Best Practices – Standard Form Agreements – The World’s Equivalent to the AIA
There are a number of organizations around the world that also offer standard construction forms.
Best Practices – Supply Chain Integrity – How to Avoid Spending Your Time Fighting Fires.
Create a pool of suppliers that cover the broad spectrum of services.
Best Practices – Cost Levers – How to Reduce Cost in Construction?
When we consider how to save costs in construction, we are essentially trying to avoid paying extra costs.
Industry Watch – AIA Contracts – Why You May Not Be Able to Close Your Contracts This November.
This latest 2017 edition of the AIA Contract Documents is the sixteenth edition of these documents.