There are only certain types of suppliers who have the training and legal obligation to look after the Owner's best interests.
The court found that Foster failed to “identify requirements and possible constraints" and "confirm key requirements and constraints”.
..our natural "optimism bias" leads us to believe that we can do things faster and cheaper...
This isn't a shortcut to procurement, you still need a scope of work, you still need a bid period, and you still need analysis.
I was even more excited to learn that the session they had in mind for me was called, "Construction Think Tank: Exploring Construction Procurement".
Trump's order requires federal agencies to procure domestically produced goods and minimize the use of waivers (used to waive domestic procurement laws).
Pemex migrated from an environment where 80% (62 Billion pesos) of it's spend was awarded under no-bid contracts to one where only 30% of spend was not bid.
Working overtime is often the go-to solution for recovering lost time in construction, but working more hours is rarely the answer.
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.
In a recent article about pricing models, I gave a brief overview on a pricing model known as Guaranteed Maximum Price (GMP). This pricing model is often used because of the provisions that protect Owner's from change orders. These provisions are often misunderstood and Owner's believe that once the price is set, it cannot be … Continue reading To GMP or not to GMP that is the question?
In last week's article, I asserted that Architects are uniquely qualified to coordinate the various building systems of a project. I discussed the qualifications and training that makes them better suited to this task and gave my own experience of failure when the roles were reversed. Today I want to address a growing trend I … Continue reading Should you hire an engineer directly or through an architect
Architects and engineers are essential members of nearly every construction project. There are very few projects where you wont need the skill sets from both. The division of labor between architects and engineers is a well-known and accepted concept, but have you ever considered, who leads the project? For anyone in construction, this may seem … Continue reading Architect’s versus Engineer’s: Who leads the project?