Case study demonstrating how pricing models solve procurement problems.
At Grenfell, the panels that were used were constructed with polyurethane core panels. These panels are permitted by code in the UK.
OSM construction methods can reduce the cost of construction by 20% and accelerate construction 40 percent ahead of traditional methods.
Working overtime is often the go-to solution for recovering lost time in construction, but working more hours is rarely the answer.
In a recent article about pricing models, I gave a brief overview on a pricing model known as Guaranteed Maximum Price (GMP). This pricing model is often used because of the provisions that protect Owner's from change orders. These provisions are often misunderstood and Owner's believe that once the price is set, it cannot be … Continue reading To GMP or not to GMP that is the question?
As part of a multi-part series on the most common types of permits, this entry addresses the 6 considerations of zoning applications. Click here to read the first part where I explain these 6 considerations in detail. This week's news story is right out of my back yard here in Bucks County Pennsylvania where we … Continue reading When do You Need a Permit? (Part 2) Zoning Application
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 … Continue reading Pricing models what are they and when are they used?
In an article posted on December 4, 2016 the Bangkok Post announced that the First Batch of air-conditioned NGV buses have arrived. The article reports that these buses will be delivered by December 29 following a procurement cycle that took FOURTEEN (14) years! That's right! The next time you complain about the time it takes … Continue reading How Much Time Should Procurement Take?
Allowing a vendor to add mark-up on top of the costs of his own resources leads to a double dip by the vendor.
One of the most important parts of any project is it's schedule. The schedule of a project impacts cost and quality. If your solicitation is silent on schedule, bidders will be forced to make assumptions. Invariably, their assumptions will vary causing your quotes to have a wide spread. Publishing a schedule brings it's own set … Continue reading Why you need a milestone schedule and how to create one.
No matter how big or small, all construction projects follow the same basic phases of work. Spending an appropriate amount of time (relative to project complexity) at each phase can mean the difference between the success or failure of your project. If you try to skip a phase or fail to perform the proper due … Continue reading What are the phases of work of a typical project?
In Today's HGTV world where entire room renovations happen "While you were out" and "Restaurant Impossible" re-brands failing eateries in a weekend, the notion that construction can happen quickly is all too prevalent. These shows don't reveal the pre-work that goes into performing these miraculous transformations and they don't account for the incredible amount of man-power that goes … Continue reading Working without a contract? The reasons why Owner’s should never allow it.