When we consider how to save costs in construction, we are essentially trying to avoid paying extra costs.
Tag: money
Case Study – Nine Billion Dollar Project ABANDONED!
This is not a case anyone would want to emulate. This is a case to be regarded as the perfect storm of what NOT to do in construction.
Penalties and Bonuses – How To Avoid Project Delays and Incentivize Timely Completion.
Punitive delay claims are unenforceable and are likely to be overridden by the courts.
Proprietary Specifications – An Illegal Tender for Hospital Equipment.
Proprietary specification are great anytime you want to have an established standard product and do not wish to deviate from that standard.
Buy Local – “Good” / Buy American – “Bad” How the “Trump Affect” Reveals Hypocrisy in the media.
Trump’s order requires federal agencies to procure domestically produced goods and minimize the use of waivers (used to waive domestic procurement laws).
Legal Implications of Procurement Decisions – A Lesson in Process, Analysis, and Decision Making
These are the foundations upon which the Court upheld the procurement decision and overturned the vendor’s claim
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.
Cooperative Procurement – How Small Organizations Use the Power of Leverage.
Cooperative Procurement is how agencies with limited volume seeking ways of enhancing their buying power.
Tariff’s, Blacklisting, and Global Warming – Canada’s Self-Inflicted Challenges on their Wood Industry
You may have recently heard about President Trump imposing tariffs on wood imported from Canada. The story broke in April, 2017 in the New York Times. The Trump tariffs are not a reaction to new developments. According to the Times article, the US and Canada have been at odds on this issue since 1982. Trump’s…
Pricing models what are they and when are they used?
Many property Owners and construction professionals have the misconception that the only way to solicit pricing for design and construction services is to request a fixed price lump sum quote. There certainly are occasions when fixed price lump sum quotes are a good choice, but this should not be taken for granted. In order to…