Remove Bidding Remove Comparison Remove Feasibility Remove Profitability
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#104:  Proving Lost Productivity Claims

NH Construction Law

In construction, as in most businesses, efficiency is the key to profitability; the bigger the bang for a given buck, the greater the profit margin. At the bid stage contractors estimate the manhours needed to complete their contracts by anticipating what those conditions will be. ” Axenics, Inc. Turner Construction Co.

Claims 40
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BIM, Value Management, Life-cycle Cost Management

Building Information Management

Analytical comparisons of the two techniques are then presented in section V as discussion. LCC enables a practical economic comparison of the alternatives, in terms of both the present and future costs. Facilities contribute significantly to the enhancement in productivities, profit-abilities and service quality of an organization.

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Job Order Contracting – Best Practices Implementation

Building Information Management

The contractor(s) may submit sample bids and a coefficients (a multiplier(s) to be applied to the referenced unit price book. Competitive quotations shall be secured wherever feasible, and in all instances, when requested by the Owner. All cash discounts should be deducted in determining material costs.