Remove Change Orders Remove Presentations Remove Risk Remove Subcontracting
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LEAN construction cost estimating

Job Order Contracting

Shared risk/reward. Put another way, a scope of work is division of construction items to be performed under a contract or subcontract in the completion of a project, typically broken out into specific tasks with deadlines. A certain degree of change management is also present. Early and ongoing participation.

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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.

Deals 40
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Job Order Contracting - Untitled Article

Job Order Contracting

Early and ongoing participation Shared risk/reward Common data environment Mutual trust respect Initial and ongoing training Written operations manual and/or execution guide Continuous improvement Global oversight and leadership with local empowerment. A certain degree of change management is also present.

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Litigation Topics for Prime / Subcontractor Contracts

Construction Law Monitor

Commonly litigated subcontract provisions. There are a number of provisions which could be contained in a prime/subcontractor contract that need to raise a red flag when present and should be negotiated by either party so as to keep the contract from becoming one-sided. Change Order and Extra Work Provisions.

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Lean Construction – Overcoming decades of mistrust, lack of communication, and opposition between facilities owners, designers, engineers, and builders.

Job Order Contracting

Adversarial, change-order-oriented environment is common between owner, A/E, and contractor. Change orders may be reduced versus DBB due to A/E-contractor collaboration and contractual relationship. Construction Manager at Risk. Contingency costs are generally higher due to high risk of construction manager.

Design 130
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A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

Standardizing the presentation of renovation, repair, maintenance, and new construction tasks and costs improves communication and collaboration among all parties, as well as helps to assure financial transparency/. 00 52 14 Subcontract Form – Stipulated Sum (design/bid/build or. 00 63 36 Field Order Form. Requirements.

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A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

Standardizing the presentation of renovation, repair, maintenance, and new construction tasks and costs improves communication and collaboration among all parties, as well as helps to assure financial transparency. . 00 52 14 Subcontract Form – Stipulated Sum (design/bid/build or. 00 63 36 Field Order Form. Requirements.