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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. The GC then works with the client to budget the job based on pricing from subcontractor partners. Many large or complex construction jobs are budgeted and built out in phases. It’s A Multi-Phase Project.

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The High Cost of Low Bids: When Contractors Compete on Price, Everyone Loses

Levelset

Prioritizing a low bid over contractor performance is a lose-lose procurement strategy. Unfortunately, low bidding is an accepted practice for both owners and contractors alike. Owners will say that focusing on the lowest bid possible ensures they get a good price. Who’s responsible for low-bid procurement?

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Winning More Construction Bids: A Complete Guide

Autodesk Construction Cloud

Construction bids are critical to winning more work, so it pays to have a solid understanding of what they entail and what you can do to improve your bidding performance. . In this comprehensive guide, we’ll cover everything you need to know about construction bids. What is the Construction Bidding Process?

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Commercial Construction Industry Trends: Reflecting on the Highs and Lows of 2018

HardHatChat

Low: Labor Shortage Shapes Schedules. The result was the potential for scheduling complications and missed project deadlines. Luckily, we were able to avoid most scheduling pitfalls by fully vetting our subcontractor partners to get assurances they had capacity to meet our required timeframe. High: Remixing Retail.

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How Trusting Relationships Build Better Commercial Construction Projects

HardHatChat

For us, this arrangement is far more preferable to the common competitive bid process. In the competitive bid process, clients typically write the smallest check possible up front, but if things go wrong during commercial construction, as they often do with low-quality subcontractors, costs can come back to bite them.

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Project Foundation Pt. 1: Building the Master Schedule

Stok

That foundation is a detailed schedule and budget, created and owned by the Project Manager, with input from consultants and contractors, and approved by the Client. To start, here are key considerations to take when creating the Master Schedule, prioritized by stok’s Project Managers : 1.

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Understanding the Performance and Monitoring Phase of Construction

Levelset

Every project involves planning, designing, bidding, hiring, and more — and these are all parts of stages. The performance and monitoring stage is a phase in which the project’s progress, timeline, and budget are constantly assessed in order to keep the job on track. What is the performance and monitoring phase? How long does it last?

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