Using PBA's will require significant adjustments and all parties will need to rethink how they operate.
PBA's work like a Trust that holds funds from an Owner as payment to the general contractor.
There are only certain types of suppliers who have the training and legal obligation to look after the Owner's best interests.
Unit pricing tends to rise as the scale of the project reduces.
The court found that Foster failed to “identify requirements and possible constraints" and "confirm key requirements and constraints”.
If you have influence over contract awards, you must hold yourself to the highest ethical standards.
Drivers that would compel private businesses to prioritize local resources.
Change Orders - How to Plan, Mitigate, and Minimize the impact of Changes on Your Construction Projects.
The standard verbiage from the AIA is so vague and open to interpretation that it hurts both parties.
This list of criteria should be used for pre-qualifying Contractors to participate in a solicitation.
Case study demonstrating how pricing models solve procurement problems.
Separately, these stories are examples of the ways construction firms can go bad, collectively these show patterns we need to recognize .