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Design & Construction Best Practices

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Tag: Fixed Price

Best Practices – Contracts – Why You DON’T Want a Detailed Cost Break-down in Your Stipulated Sum Contract.

Be sure that when you move into contracting, you have a firm understanding of how your contract is structured.

Best Practices – Architectural Services – How to Negotiate Your Architect’s Rates?

Once you have a short list of candidates based on qualifications, (and ONLY then) you can consider price.

Five Simple Steps for Converting Cost Plus Rates into a Guaranteed Maximum Price.

How one Cost Plus arrangement can be converted from variable rates into a Guarantee Maximum Price.

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Top Posts & Pages

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  • Case Study - Strategic Application of Pricing Models - A Lesson in How to use Cost Plus with GMP to Reduce Risk and Time in Design and Construction.

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Recent Posts

  • Industry Watch – India’s New NH Procurement Oversight Rules Are a Wake-Up Call for Everyone in Procurement June 19, 2025
  • Industry Watch – Why the West Would Never Blacklist Like This (But Still Struggles with Delays) May 29, 2025
  • Commentary – Alberta’s Bill 30: A Game-Changer for Payment Practices in Construction April 25, 2025
  • Commentary – Reflecting on 2024 and Charting the Course for 2025 December 20, 2024
  • Best Practices – How to Achieve Transparency in the Use of Artificial Intelligence November 21, 2024
  • Commentary: The Importance of Living a Principled Life October 31, 2024
  • Best Practices – How Architects Can Proactively Manage Value Engineering and Avoid Budget Overruns October 3, 2024
  • Industry Watch – Why Construction Claims Happen and What Procurement can do about it. September 5, 2024
  • Best Practices – Managing Payments for Off-Site Construction August 8, 2024
  • Industry Watch – How New Zealand is modifying it’s laws to protect subcontractors July 18, 2024
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