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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. It’s A Multi-Phase Project.

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Commercial Construction Project Planning: 3 Warning Signs Your Budget Might Go Bust

HardHatChat

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. Getting Too Specific on Specifications.

Budget 337
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California’s Gold Line rejects Kiewit’s final bid

Construction Dive

The agency overseeing the extension of LA Metro’s A Line into the Inland Empire said it was going back to the drawing board after the firm’s estimate was “hundreds of millions” too high.

Bidding 131
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Commercial Construction Project Management Trends: How to Survive the Incredible Shrinking Timeline

HardHatChat

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.

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Low Bids Benefit Building Owners

Chianelli Estimating

Does the owner benefit from the lowest bid? All the painstaking details; drawing upon drawing, revision after revision as the project documents are developed. 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. .

Bidding 100
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Commercial Construction Tips: Six Best Practice Resolutions for 2011

HardHatChat

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. Bring your GC in early.

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Commercial Construction Highs and Lows of 2011

HardHatChat

HIGH – Everyone was submitting drawings in 2011. We saw drawings for new Chicago restaurant projects, retail construction work, office renovations, school construction and learning center additions – you name it, we saw it. LOW – Unfortunately, we weren’t the only ones receiving drawings to bid on new commercial construction projects.