Answer these civil Engineering Questions with a good understanding. What are the benefits of using the construction manager contract format versus simple competitive bidding? Why is a negotiated contract less risky to a construction manager at-risk than a competitively bid project is to a contractor? Why is a negotiated contract less risky to a construction manager at-risk than a competitively bid project is to a contractor?

Answer these civil Engineering Questions with a good understanding. What are the benefits of using the construction manager contract format versus simple competitive bidding? Why is a negotiated contract less risky to a construction manager at-risk than a competitively bid project is to a contractor? Why is a negotiated contract less risky to a construction manager at-risk than a competitively bid project is to a contractor?

Fundamentals Of Construction Estimating

4th Edition

ISBN:9781337399395

Author:Pratt, David J.

Publisher:Pratt, David J.

Chapter8: Pricing Generally

Section: Chapter Questions

Problem 4RQ

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Similar questions

Why is it critical for a prospective construction project manager to grasp the terms and conditions included in contracts and specifications? Give at least one rationale. Justify your response.
The selection of the tendering contractors is an extremely important part of the tendering process as the quality of tender returns will only be as good as the quality of the tenderers on the list. It is advisable for project teams to start considering suitable contractors as soon as the project begins. Keeping this in mind critically analyse the different techniques used in construction for the selection of contractor. Describe the three tendering techniques in the selection of contractors? Discuss the advantages and disadvantages for the tendering techniques mentioned. How would these look like in practice? Give some examples for each technique.
If you were a contractor, would you respond to any and all Requests for Proposals you come across? Why would you pass on some of them or why would you bid on every single one?
Why are there instances where two or more contractors form themselves into joint venture agreement to participate in the bidding for a project?
Please give me answer according to the question. In a construction project, what is tendering or the tendering files? who submit them for the bidders ? who receives the pre-qualification files from the contractors? does it depend on the delivery approach or the type of project: private vs public?
True or False? One option for competitive bidding is a lump sum proposal; one option for negotiated bidding is a cost + fee+ GMP proposal.
If the specifications are silent on the subject, but a contractor asks you, as the Resident Project Representative or inspector, how to perform the work, which of the following is the recommended procedure? a. Be ready to help by telling the contractor your opinions,because as a member of the construction team,it is your responsibility. b. Politely decline because construction means andmethods are the sole prerogative of the contractor.c. Direct the contractor how to perform the workbecause you know that if the contractor asked you,it meant that he or she did not know how to execute the work, and the project may otherwise suffer delays or failures.
What are the concerns contractors should necessarily consider before tendering for projects?
The process of submitting a proposal (tender) to manage a construction project a. Negotiation b. Value Engineering c. Bidding d. Project Management
What are the safety requirements in construction contract?
Critically discuss the factors that must be considered by contractors when deciding to develop a proposal.
Several construction contracts have encounted many challenges different from what was envisaged from the start. Likewise, many reasons can be attributed to the successful completion of construction contracts. Contract Documentation remains one of the key elements to ensuring that projects are completed successfully.Discuss how the adequacy of contract documentation may help reduce the likely occurrence of construction related disputes.