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Estimating Bidding and Project Award Cost Estimating Construction Documents The Bid Package Types of Contracts
Project Award Letter of Intent The Good and the Bad of Contracts Project Delivery Methods Types of Contracts Contract Forms & Conditions
What is a contract?? ,[object Object]
Letter on Intent ,[object Object],[object Object],[object Object]
Letter on Intent ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The GOOD and BAD of Contracts ADR for Dispute Resolution Specific Provisions & Statute Law Typewritten/Handwritten Corrections in Contracts Hold Harmless Clauses Review in your Lecture Notes
Requirements of a Good Contract   ,[object Object],[object Object],[object Object]
Requirements of a Good Contract   ,[object Object],[object Object],[object Object],[object Object]
Requirements of a Good Contract   ,[object Object],[object Object],[object Object],[object Object]
Ambiguous Contract Conditions ,[object Object],[object Object],[object Object]
Ambiguous Contract Conditions ,[object Object],[object Object],[object Object],[object Object],[object Object]
Project Delivery Methods Design-Bid-Build Design/Build Fast Track Construction Project Management
Project Delivery Methods ,[object Object],[object Object],[object Object]
Project Delivery Methods DESIGN-BID-BUILD ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Project Delivery Methods DESIGN-BID-BUILD ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Project Delivery Methods DESIGN-BID-BUILD $ Bid Price $ Owner Architect Contractor $ Design Fee $ Contract Documents Engineers/ Consultants Informal relationship Subcontractors/ Suppliers
Project Delivery Methods DESIGN-BID-BUILD ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Project Delivery Methods DESIGN/BUILD ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Project Delivery Methods DESIGN/BUILD Project team is established at start of design Contract Award Completed Project Owner Design/Build Firm Engineers/ Consultants Subcontractors/ Suppliers
Project Delivery Methods DESIGN/BUILD ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Project Delivery Methods FAST TRACK ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Project Delivery Methods FAST TRACK Design Fast-tracked Phased Construction Project Complete Project Complete Contract Package  1 2 3 4 -Bid -Build Design Procurement Construction Design Procurement Construction Design Procurement Construction Design Procurement Construction Design Procurement Construction Time Saved
Project Delivery Methods CONSTRUCTION PROJECT MANAGEMENT ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Project Delivery Methods CONSTRUCTION PROJECT MANAGEMENT ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Project Delivery Methods This model is  CM-At Risk $ Bid Price $ Completed Project Contract Award Contractor Fee Owner Architect Contractor $ Design Fee $ Contract Docs Engineers/ Consultants Subcontractors/ Suppliers Contracting Services
Project Delivery Methods Project team is established at start of design This model is  CM-Advisor $ Design Fee $ Contract Award Completed Project Owner Architect Contract Documents Engineers/ Consultants Subcontractors/ Suppliers Management Services
Types of Contracts ,[object Object],[object Object],[object Object],[object Object],[object Object]
Types of Contracts LUMP SUM ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Types of Contracts COST-PLUS-FEE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Types of Contracts GAURANTEED MAXIMUM PRICE (GMP) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Types of Contracts UNIT PRICE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Types of Contracts TURNKEY ,[object Object],[object Object],[object Object],[object Object],[object Object]
Types of Contracts OTHER VARIATIONS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Types of Contracts OTHER VARIATIONS ,[object Object],[object Object],[object Object],[object Object]
Contract Forms and Conditions ,[object Object],[object Object],[object Object],[object Object],[object Object]
Contract Forms and Conditions ,[object Object],[object Object],[object Object],[object Object],[object Object]
Contract Forms and Conditions ,[object Object],[object Object],[object Object],[object Object],[object Object]
Contract Forms & Conditions Breech of Contract Concealed Conditions Alternations/Changes and Additions/Deductions Change Orders and Construction Change Directives Liquidated Damages Review in your Lecture Notes
Contract Forms and Conditions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Contract Forms and Conditions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Contract Forms and Conditions ,[object Object],[object Object],[object Object],[object Object]
Contract Forms and Conditions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Contract Forms and Conditions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Contract Forms and Conditions ,[object Object],[object Object],[object Object],[object Object],[object Object]
Contract Forms and Conditions ,[object Object],[object Object],[object Object]
Contract Forms and Conditions ,[object Object],[object Object],[object Object],[object Object]
Contract Forms and Conditions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Contract Forms and Conditions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Contract Forms and Conditions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
NEXT CLASS Insurance and Bonds Pre-Construction Planning

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ACH 216 Lecture 04c (Project Award)

  • 1. Estimating Bidding and Project Award Cost Estimating Construction Documents The Bid Package Types of Contracts
  • 2. Project Award Letter of Intent The Good and the Bad of Contracts Project Delivery Methods Types of Contracts Contract Forms & Conditions
  • 3.
  • 4.
  • 5.
  • 6. The GOOD and BAD of Contracts ADR for Dispute Resolution Specific Provisions & Statute Law Typewritten/Handwritten Corrections in Contracts Hold Harmless Clauses Review in your Lecture Notes
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12. Project Delivery Methods Design-Bid-Build Design/Build Fast Track Construction Project Management
  • 13.
  • 14.
  • 15.
  • 16. Project Delivery Methods DESIGN-BID-BUILD $ Bid Price $ Owner Architect Contractor $ Design Fee $ Contract Documents Engineers/ Consultants Informal relationship Subcontractors/ Suppliers
  • 17.
  • 18.
  • 19. Project Delivery Methods DESIGN/BUILD Project team is established at start of design Contract Award Completed Project Owner Design/Build Firm Engineers/ Consultants Subcontractors/ Suppliers
  • 20.
  • 21.
  • 22. Project Delivery Methods FAST TRACK Design Fast-tracked Phased Construction Project Complete Project Complete Contract Package 1 2 3 4 -Bid -Build Design Procurement Construction Design Procurement Construction Design Procurement Construction Design Procurement Construction Design Procurement Construction Time Saved
  • 23.
  • 24.
  • 25. Project Delivery Methods This model is CM-At Risk $ Bid Price $ Completed Project Contract Award Contractor Fee Owner Architect Contractor $ Design Fee $ Contract Docs Engineers/ Consultants Subcontractors/ Suppliers Contracting Services
  • 26. Project Delivery Methods Project team is established at start of design This model is CM-Advisor $ Design Fee $ Contract Award Completed Project Owner Architect Contract Documents Engineers/ Consultants Subcontractors/ Suppliers Management Services
  • 27.
  • 28.
  • 29.
  • 30.
  • 31.
  • 32.
  • 33.
  • 34.
  • 35.
  • 36.
  • 37.
  • 38. Contract Forms & Conditions Breech of Contract Concealed Conditions Alternations/Changes and Additions/Deductions Change Orders and Construction Change Directives Liquidated Damages Review in your Lecture Notes
  • 39.
  • 40.
  • 41.
  • 42.
  • 43.
  • 44.
  • 45.
  • 46.
  • 47.
  • 48.
  • 49.
  • 50. NEXT CLASS Insurance and Bonds Pre-Construction Planning