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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?

Bidding 98
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8 Innovations that Will Change Construction As We Know It

Autodesk Construction Cloud

Construction innovations are progressing rapidly, and the industry now has a tremendous amount of resources to advance construction technology. As it continues to change at an accelerated pace, innovations will bring about even more developments and advancements. Josh talks more about these innovations on the Digital Builder podcast.

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£9.3bn race starts for National Grid construction partners

Construction Enquirer

The power distributor is planning to shake-up its delivery model for infrastructure in what will be its largest investment programme in generations. Opting for a collaborative procurement model, The Great Grid Upgrade Partnership will be split into two major lots: covering consultancy and construction works.

Modeling 128
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School Board Business Officers Better Serve Facilities Requirements with Innovative Tool Kit

Job Order Contracting

Here are just a few of the innovative and exclusive features of the 4BT OpenJOC Solution (TM). contact-form-7] Additional White Papers / References: ASSET LIFE-CYCLE MODEL – Total Cost of Ownership Management – A framework for facilities life-cycle management. Instant access to data. FOUR BT, LLC WWW.4BT.US INFO@4BT.US.

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Builder of the Year Ivory Homes' Innovation Agenda

Pro Builder

Builder of the Year Ivory Homes' Innovation Agenda. He was like, ‘I can really do something because there are so many capable people who are willing to collaborate and innovate.’” The Prize of Innovation. Let’s talk about how we can spur innovation, creativity, and different things that just haven’t happened in this industry.”.

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Effective Marketing For Diverse Construction Job Categories

Construction Marketing

In the ever-evolving landscape of the construction industry, where precision meets creativity and innovation, effective marketing strategies are paramount for attracting top-tier talent across diverse construction job categories. Provide accurate cost assessments to guide budgeting and bidding processes.

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Alliance Contracting Key Aspects

Job Order Contracting

While alliance contracting is typically a term applied in the Australia and the UK to a model applied to large complex projects, its core aspects have been in place for both Integrated Project Delivery (IPD) for major projects, and LEAN, Open Job Order Contracting for years, if not decades.

Contract 192