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Commercial Construction Delivery Methods: 3 Times To Go With A Negotiated Bid

HardHatChat

Any long-time readers of Hard Hat Chat have probably picked up on the fact that I’m a big fan of the negotiated bid. While there are valid reasons a client might go the competitive bid route, there are many more scenarios where the negotiated delivery method is better for all parties. There are several benefits to doing so.

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The Dotted Line: How to make sure a contract protects your money

Construction Dive

Contractors shouldn't hesitate to try to strike a better deal for things like change orders and retainage during contract negotiations.

professionals

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#100:  Dealing With Rising Costs

NH Construction Law

Another approach is to negotiate with subcontractors or suppliers to lock in prices for an extended period of time, thereby kicking the price increase risk downstream – but in the present volatile market, subs and suppliers are increasingly reluctant to hold their prices for long, typically not more than 60 or 90 days.

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Of Mice and Men; And Construction Contracts

Construction Dive

The consequences of changes can be dramatic, and most construction contracts lay out plans for the administration of changes and the negotiation and documentation of the terms of change orders with respect to the three important attributes of construction: time, money, and the details of work itself.

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Provide Notice (and 10 Other Tasks) When Pursuing a Construction Claim

Best Practices Construction Law

When dealing with construction claims—whether one for construction defects, outstanding payment, or delay damages—an initial hurdle is making sure that proper notice has been given. This decision illustrates the importance of following a process when dealing with a claim. Review change orders and correspondence.

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A Recipe for Retaining Your Purchasing Talent

Pro Builder

A good purchasing professional must understand the construction process, local building codes, risk management, the enterprise resource planning system, schedules, the installing trades in a given market and the materials they use, alternative materials that could be used, their cost drivers, and so on—all while being an excellent negotiator.

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Construction Business Owner Blogs

Construction Business Owner

Tip #1: Negotiate Fuel Costs. Before you go down the negotiating path, be sure you know your overall consumption by gallons. There is certainly a great deal to learn about this issue. change orders. They shared these tips and tricks with me on fuel management. Hopefully you’ll find them as helpful as I did.