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.

Case study demonstrating how pricing models solve procurement problems.

Best Practices: Open Book Bidding

Over the last few years, I have noticed an increase in the number of construction contracts using "open book" provisions.  The term "open book" describes a contract provision that allows Owners full transparency into the General Contractor's sub-contracts. It should be noted that "open book" provision are not the same as audit rights.  Audit rights … Continue reading Best Practices: Open Book Bidding

How do I put together an RFP for construction manager at risk?

In a recent posting on the AIA's project delivery forum, an architect in Nebraska wanted help understanding how to solicit a quote for a construction manager at risk. His question was, "How do I put together an RFP for construction manager at risk?". In the posting, he mentions that his client specifically asked for the … Continue reading How do I put together an RFP for construction manager at risk?