Penalties and Bonuses – How To Avoid Project Delays and Incentivize Timely Completion.

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. Continue reading Penalties and Bonuses – How To Avoid Project Delays and Incentivize Timely Completion.

Advertisements
Procurement Corruption – Six Practices Your Company Should Avoid to Prevent Collusion and Corruption.

Procurement Corruption – Six Practices Your Company Should Avoid to Prevent Collusion and Corruption.

Even unregulated privately held businesses need to be aware of certain soft practices that may be signs of collusion between their employees and Vendors. Continue reading Procurement Corruption – Six Practices Your Company Should Avoid to Prevent Collusion and Corruption.

The Future of Construction – How Off-Site Fabrication and Modular Construction Techniques Offer Speed, Savings, and Safety.

The Future of Construction – How Off-Site Fabrication and Modular Construction Techniques Offer Speed, Savings, and Safety.

OSM construction methods can reduce the cost of construction by 20% and accelerate construction 40 percent ahead of traditional methods. Continue reading The Future of Construction – How Off-Site Fabrication and Modular Construction Techniques Offer Speed, Savings, and Safety.

Third Party Work Breakdown Structures – Why You Need One Every Time You Solicit Construction Quotes.

Third Party Work Breakdown Structures – Why You Need One Every Time You Solicit Construction Quotes.

One of the biggest mistakes I see people make when they solicit the COW is making up their own list of line items. Continue reading Third Party Work Breakdown Structures – Why You Need One Every Time You Solicit Construction Quotes.

Pre-qualified Suppliers – Eight Critical Actions for Managing Your Supplier Pool.

Pre-qualified Suppliers – Eight Critical Actions for Managing Your Supplier Pool.

This isn’t a shortcut to procurement, you still need a scope of work, you still need a bid period, and you still need analysis. Continue reading Pre-qualified Suppliers – Eight Critical Actions for Managing Your Supplier Pool.