A unique method of creating a legal entity that falls short of forming a Joint-Venture (JV) yet goes further than typical construction agreements.
Using PBA's will require significant adjustments and all parties will need to rethink how they operate.
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”.
Change Orders - How to Plan, Mitigate, and Minimize the impact of Changes on Your Construction Projects.
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 .
..our natural "optimism bias" leads us to believe that we can do things faster and cheaper...
Punitive delay claims are unenforceable and are likely to be overridden by the courts.
Even unregulated privately held businesses need to be aware of certain soft practices that may be signs of collusion between their employees and Vendors.
Proprietary specification are great anytime you want to have an established standard product and do not wish to deviate from that standard.