An Owner can be responsible for causing a delay and later collect liquidated damages against the contractor.
How all of us in construction (not just procurement) can drive our buildings towards an Internet of Things (IoT) reality.
Corrupt gaggle of administrators who's list of crimes reads like the plot of a soap opera.
Once you have a short list of candidates based on qualifications, (and ONLY then) you can consider price.
At IBM Procurement Services (IPS) we provide procurement consulting services to a variety of Clients.
Self-performance does create additional revenue streams for the general contractor and you do need to address this.
The AIA is the predominant source for standard forms, but it isn't the only source.
When we consider how to save costs in construction, we are essentially trying to avoid paying extra costs.
This latest 2017 edition of the AIA Contract Documents is the sixteenth edition of these documents.
Low-ball contractor's win bids with the intention of making up losses through change orders.
Using PBA's will require significant adjustments and all parties will need to rethink how they operate.
Owner's will begin to see the value and one day, managing a project in any other way will seem impractical.