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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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Granular Local Market Cost Data is Essential for Construction Cost Visibility & Management

Job Order Contracting

Inability to Track Cost Escalations and Market Volatility National cost models do not reflect rapid material and labor cost changes. Difficulties in contract negotiations due to unreliable cost baselines. However, if local drywall contractor quotes are actually $2.50 Recent events (e.g.,

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ASA Manual Helps Subcontractors Navigate ‘Retainage Laws in the 50 States’

Construction Business Owner

(April 1, 2013) — The American Subcontractors Association unveiled a legislative work kit containing model state legislation to address the lack of payment assurances for construction subcontractors on projects financed by public-private partnerships.

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Master Builder Concept, LEAN, and Job Order Contracting

Job Order Contracting

Historical Examples : Many iconic structures from ancient times including medieval cathedrals, Roman aqueducts, were built under the master builder model. The contractor is on-call for various jobs under a pre-negotiated contract, making them the go-to for all construction-related tasks within the scope.

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Preparing Independent Government Estimates – IGEs , IGCEs

Job Order Contracting

Unfortunately, most Government agencies use “historical information”, “parametric modeling”, or national average cost data and associated construction cost indexes and/or area cost factors. The best source of information for “construction” IGEs is a locally researched detailed unit price book.

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Englewood Commercial Construction News: Two of the Best Words in Business…We’re Hiring

HardHatChat

At the start of the downturn, we saw a lot of commercial construction firms abandon their business models and cut staff. We continued to harbor our relationships even though many commercial construction budgets were tabled and as a result, we are receiving an increase in negotiated bids.

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Checking Under the Hood: What to Consider When Choosing Construction Software

Viewpoint Construction Technology

So off we went one Saturday to the dealership for an object lesson in the art of used car evaluation and negotiation. You may pay a little more for certain makes and models, but at least you won’t be buying cases of oil because the engine burns it up. Cost of Ownership. Here, software and cars share a bit in common.

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