Case study demonstrating how pricing models solve procurement problems.
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
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?