HardHatChat

APRIL 12, 2019

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. It’s A Multi-Phase Project.

Negotiation 177

Negotiation Bidding Commercial Construction 177

HardHatChat

AUGUST 28, 2018

While we do our best to provide budget estimates that are as accurate as possible, there are inevitably times when projects bids come in higher than the client expected, or that unanticipated costs push the job over-budget. Competitively Bidding the Project.

Budgeting 337

Budgeting Budget Commercial Plans 337

Job Order Contracting

MARCH 7, 2025

Better contractor alignment Estimates match how local subcontractors and suppliers bid , reducing disputes. Conclusion: Relying on national cost data plus a location factor creates systemic cost visibility and management failures , leading to 30%-40% errors, increased change orders, and loss of cost control.

Management 147

Management Estimating Change Orders Construction 147

Job Order Contracting

APRIL 25, 2022

LEAN Job Order Contracting is an indefinite delivery, indefinite quantity program in which the costs of the project are. contract term. Unlike traditional JOC or traditional design-bid-build, LEAN JOC is a collaborative process that focuses upon mutually beneficial outcomes for ALL participants and stakeholders.

Contract 264

Contract Change Orders Bidding Budget 264

Autodesk Construction Cloud

FEBRUARY 8, 2022

What Is a Construction Change Order? According to some estimates, an average of 35% of projects experience at least one major change throughout the life of the project. As a contractor, change orders can leave you feeling like you’re trapped between a rock and a hard place. Key Takeaways.

Change Orders 96

Change Orders Contract Project Management Schedule 96

Job Order Contracting

OCTOBER 23, 2021

contact-form].

Procurement 263

Procurement Innovation Products Plans 263

HardHatChat

JULY 11, 2013

The summer always brings more commercial construction activity, more bids, and, as a result, higher pricing. It’s a common misconception that commercial construction general contractors make money on the change orders that sometimes take place during a project. Englewood recently began work on Season’s 52 in Chicago.

Commercial 276

Commercial Construction Bidding Chicago 276

Job Order Contracting

APRIL 1, 2022

Did the Contractor thoroughly investigate the project/work order requirements? Was the bid package submitted complete? Did the Contractor make proposal/work order revisions as directed and resubmit on time? Did the Contractor address change orders properly?

Contract 262

Contract Contractors Management Change Orders 262

HardHatChat

JANUARY 18, 2011

Don’t always take the lowest bid. The low-bidding general contractor was often in over its head, which meant deadlines were missed or work was shoddy and another, more experienced GC was brought in to finish the job—at an additional cost. While bidding on the commercial construction remodel of a 500+ sq. Take a leap of faith.

Commercial 263

Commercial Bidding Negotiation Construction 263

Chianelli Estimating

NOVEMBER 11, 2011

Does the owner benefit from the lowest bid? Better yet, the committee believed the estimated cost from the accounting department would be met.The final design is complete and is now ready to go out to bid. . Bid packages are distributed to interested contractors and the process begins. . Bids received and opened.

Bidding 100

Bidding Estimating Budgeting Budget 100

HardHatChat

MARCH 4, 2019

One of the biggest challenges for commercial construction firms today is the tighter project timelines that have become the norm at every phase of a project – from shorter deadlines for submitting initial bids and budgets, to quicker resolution on addendums and change orders, to compressed schedules for construction and delivery.

Project Management 349

Project Management Commercial Management Construction 349

Construction Business Owner

JULY 31, 2024

change orders, subcontractor management, safety, and compliance). Driving Organizational Growth Profitability: Monitor industry trends and adjust bids and budgets to remain profitable. Decision-Making: Access data on subcontractor crew productivity, retainage, and change orders for strategic planning.

Profitability 363

Profitability Virgin Islands Puerto Rico Samoa 363

Job Order Contracting

DECEMBER 13, 2022

Bid Management. Change Order Management. Contractor Proposal/Bid Management. Asset/Component Management. Automated Estimate Comparison. BIM Model Integration, Information Viewing/Access. Building/Site/Location Management. Budget and Estimate versus Actual and Committed Budget Tracking. Collaboration Tools.

Sustainability 264

Sustainability Management Estimating Budgeting 264

Job Order Contracting

MARCH 26, 2023

From start to finish, bidding and procurement workflows are dependent upon robust process and current, granular local market labor, material, and equipment construction task data. Number of change orders. Joint site visits are also necessary prior to the contract award. Sample KPIs include: • Labor productivity rates.

Management 264

Management Procurement Forecasting Change Orders 264

Job Order Contracting

JANUARY 19, 2021

Clearly, this process “reinvents the wheel” each time, and as a result rarely captures learnings, and in the end is typically characterized with adversarial short-term relationships driven by first-cost driven competitive bidding process.

Management 264

Management Procurement Environment Life Cycle 264

Job Order Contracting

AUGUST 17, 2023

Using these granular elements and sharing the associated descriptions, l abor, material, and equipement details in a standardized format (CSI MasterFormat) with all project participants within a robust collaborative process is the path to significant cost savings and the mitigation of change orders, disputes, and waste.

Travel 241

Travel Construction Subcontracting CSI 241

Job Order Contracting

MAY 8, 2017

Job Order Contracting versus Design Bid Build can help to measurably improve construction productivity, quality, delivery times, and overall satisfaction for all participants. Job order contracting saves significant time and improves quality, consistency, and overall satisfaction vs. traditional design-bid-build.

Bidding 100

Bidding Contract Design Procurement 100

Job Order Contracting

DECEMBER 10, 2022

OpenBUILD(TM) is The ONLY Construction Integrated Project Delivery Solution with Locally Researched Cost Visibility with Program Management, Contract Management, Proposal/Bid/Estimate Management, Workorder Management , Project Management, Document Management, Team Management, Issues/Task Management, Workflow Management, and BIM integration.

Procurement 264

Procurement Construction BIM Change Orders 264

HardHatChat

JULY 27, 2020

Be Selective in the Bidding Process If the project is a competitive bid, some clients are tempted to send it out for pricing to a laundry list of construction firms. It’s well worth the time for clients to vet firms they are considering in advance and ask a select few to participate in the bidding process.

Commercial 240

Commercial Contractors Construction Bidding 240

Viewpoint Construction Technology

FEBRUARY 14, 2018

While 27 percent of companies reported having a BIM/VDC department, 28 percent said they don’t bid on BIM projects. View, markup, and revision capabilities make changes visible to everyone in one source document to ensure everyone is working with the most recent data at all times. This data indicates the U.S.

BIM 223

BIM Contractors Software Software 223

Job Order Contracting

JANUARY 16, 2020

The innovate and exclusive Collaborative LEAN Construction Software for the Enterprise or Single Organization offering all of these features.

Software 189

Software Software Construction Estimating 189

HardHatChat

OCTOBER 7, 2010

The spot is about the costs of commercial construction and how buying building materials in bulk can help GCs save money and bring down a construction project bid so they win the contract. I heard a Home Depot ad on the radio recently targeted to commercial general contractors that made me pause. It’s the Costco principle.

Commercial 235

Commercial Materials Construction Contractors 235

Job Order Contracting

OCTOBER 4, 2021

LEAN Job Order Contracting. Advantages of LEAN Job Order Contracting over the traditional design-bid-build method, design-build, or even other JOC programs are significant. The post LEAN Job Order Contracting appeared first on 4BT. Advantages for larger new construction projects are also available.

Contract 130

Contract Procurement Change Orders Bidding 130

Construction Business Owner

OCTOBER 26, 2011

I know a lot of contractors are getting into bidding season, and this got me thinking about communication. I know from my days as a general contractor that plans and specifications are altered continuously as subcontractors become involved, materials are changed, and change orders are issued. change orders.

Construction 159

Construction Software Software Bidding 159

Construction Business Owner

OCTOBER 14, 2011

Some Advice on Change Orders » A Change (Order) for the Better? When clients ask me about change orders, I’m reminded of a well-circulated photo. The yacht is named “Change Order.” Discussion about change order difficulties tends to be one of two types.

Change Orders 120

Change Orders Construction Software Software 120

Viewpoint Construction Technology

OCTOBER 23, 2018

Bidding Smarter and Winning More Work. Closely tracking things like job costs, change orders, material and equipment usage and worker productivity from your projects can help better forecast future work and lead to smarter bidding. Transitioning from Analytics to Predictive Analytics.

Construction 241

Construction Software Software Cash Flow 241

Job Order Contracting

APRIL 8, 2019

Construction Change Order Best Management Practices. Definition of a construction change order: A construction change order is work that is added to or deleted from the originally agreed upon and contracted scope of work which alters the original contract amount and/or completion date. Change Order Impacts.

Change Orders 100

Change Orders Contract Negotiation Management 100

Job Order Contracting

OCTOBER 23, 2021

4bt.us [contact-form] The post Innovative Solution Integrates Planning, Procurement, and Project Delivery to Improve Construction Productivity appeared first on 4BT.

Procurement 130

Procurement Innovation Products Plans 130

Construction Business Owner

JANUARY 12, 2012

” » The Expensive Process of Bidding. Without spending money bidding projects, you can’t get jobs to make money building them. With more people bidding on fewer jobs, the market is much more competitive. Perhaps the toughest part, though, is that even if you bid a job and don’t win, you still incur costs to compete.

Bidding 149

Bidding Construction Documentation Software 149

Viewpoint Construction Technology

JULY 19, 2017

Using estimating software simplifies bids, estimates, and financial project planning and makes the process somewhat foolproof. Whether it’s communication from an owner, client, project manager or crew, everyone should be apprised of change orders. Overbooked crew.

Viewpoint 239

Viewpoint Construction Schedule Estimating 239

Construction Marketing Ideas

DECEMBER 13, 2015

Some years ago, in addressing how a successful contractor has managed to maintain a profitable business despite needing to compete in “low bid wins the job” open competitions, the contractor opened up to me with an observation: He wins the jobs because they are rigged in advance. And that happened.

Change Orders 48

Change Orders Bidding Contract Contractors 48

Job Order Contracting

JULY 29, 2021

Design-Bid-Build. Traditional design-bid-build (DBB) delivery process with design, bidding, and construction in separate, sequential steps. Construction contract is generally awarded to the lowest bidder and/or lowest qualified builder, who then utilizes the subcontractors included in his or her bid. Advantages.

Design 130

Design Bidding Engineering Construction 130

Job Order Contracting

FEBRUARY 10, 2021

There are existing best management practices, tools, and support services for real property owners with appropriate leadership and competencies to support positive change. Change orders, errors, and omissions can be virtually eliminated.

Procurement 246

Procurement Plans Construction Renovating 246

Construction Business Owner

APRIL 26, 2012

Meet with them before every project to discuss not only the contractual provisions for scope of work and change orders, but also what you bid and why. Stay on Top of Changes. The profit you calculate when bidding a job can fluctuate dramatically as work progresses. change orders. Pay close attention.

Change Orders 120

Change Orders Construction Profitability Software 120

HardHatChat

APRIL 20, 2010

By having your shopping center general contractor on the front end of all design plans and in charge of selecting the engineer and architect, you greatly reduce the risk for unnecessary change orders. A commercial design-build general contractor should also perform exploratory work up front, before you pay for architectural plans.

Retail 191

Retail Construction Commercial Chicago 191

Contractor Bookkeeping

JUNE 18, 2012

Construction Change Order Phobia. After Reviewing The QuickBooks Reports - We discovered a painful case of the dreaded disease I call "Change-Order-Phobia". In this case the pain of change in the contractor's mind had to be exceeded by the pain of staying the same. Percentage of Completion. Balance To Completion.

Change Orders 48

Change Orders Profitability Work in Progress Construction 48

Job Order Contracting

OCTOBER 25, 2021

The net results include reduction in change orders, improved job scheduling, and projects delivery on-time, on-budget, per owner requirements. Do not pit on person or team against one another, do not “bid shop”. Encourage collaboration, teamwork, and problem solving. Leverage technology.

Renovating 263

Renovating Procurement Budgeting Budget 263