These are the foundations upon which the Court upheld the procurement decision and overturned the vendor’s claim Continue reading Legal Implications of Procurement Decisions – A Lesson in Process, Analysis, and Decision Making
How one Cost Plus arrangement can be converted from variable rates into a Guarantee Maximum Price. Continue reading Five Simple Steps for Converting Cost Plus Rates into a Guaranteed Maximum Price.
Whenever you solicit pricing for construction services, you should always address these distinct cost categories. Continue reading Construction Pricing – The Three Critical Cost Categories in Every Construction Quote
Working overtime is often the go-to solution for recovering lost time in construction, but working more hours is rarely the answer. Continue reading Overtime Kills – Five Alternatives for Recovering a Late Construction Schedule
Ensuring that your procurement policy aligns with more than just the bottom line will not only enhance the value of procurement, it elevates the value of the organization. Continue reading Progressive Procurement – Why Your Procurement Policy Needs More Than Just a Savings Target.
Prior to committing to a contract it’s necessary to requisition funds, waiting until after a contract has been signed to know the full cost can be problematic. Continue reading Control Estimates – Six Critical Steps for Reducing Risk in a Cost Plus Contract
In a recent article about pricing models, I gave a brief overview on a pricing model known as Guaranteed Maximum … Continue reading To GMP or not to GMP that is the question?