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?
Architects and engineers are essential members of nearly every construction project. There are very few projects where you wont need … Continue reading Architect’s versus Engineer’s: Who leads the project?
This week in the news we find an article from Passenger Terminal Today.com about a request for proposal for a … Continue reading Procurement Strategies for Construction.
Over the last few years, I have noticed an increase in the number of construction contracts using “open book” provisions. … Continue reading Best Practices: Open Book Bidding
In a March 7, 2017 article Spend Matters published 3 Ways for Procurement to Prove it’s Value (Other than Cost … Continue reading The Value of Procurement.
As part of this multi-part series on the most common construction permits, this entry addresses the 6 considerations of work permits. Click … Continue reading When do You Need a Permit? (Part 4) Work Permits