Bidding Negotiation Risk Subcontracting 
Autodesk Construction Cloud
OCTOBER 21, 2022
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?
Autodesk Construction Cloud
NOVEMBER 15, 2021
Owners pass on certain risks (contractually) to general contractors, who may do the same thing when hiring specialty contractors. For this reason, construction professionals must find better ways to craft and negotiate agreements. Karalynn also emphasizes the importance of negotiating who takes on certain risks and liabilities.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
NH Construction Law
APRIL 29, 2021
Another approach is to negotiate with subcontractors or suppliers to lock in prices for an extended period of time, thereby kicking the price increase risk downstream – but in the present volatile market, subs and suppliers are increasingly reluctant to hold their prices for long, typically not more than 60 or 90 days.
Job Order Contracting
OCTOBER 25, 2017
Purchasing’s competitive range decision is based on the summary report, prepared by the evaluation commttiee, for each proposal that includes the evaluated price; the final rating for each factor and sub-factor; and a discussion of the associated strengths, weaknesses, deficiencies, and risks. Negotiations and Source Selection.
Job Order Contracting
JULY 29, 2021
Design-Bid-Build. Traditional design-bid-build (DBB) delivery process with design, bidding, and construction in separate, sequential steps. Construction contract is generally awarded to the lowest bidder and/or lowest qualified builder, who then utilizes the subcontractors included in his or her bid. Advantages.
Construction Law Monitor
NOVEMBER 2, 2011
Here both parties need to negotiate terms to better protect when a dispute arises. Commonly litigated subcontract provisions. Very important risk-shifiting devices – can determine a win or loss regarding a claim. Prime/Subcontractors Contracts. Typically subcontractors are at the mercy of the prime. Notice Provisions.
Job Order Contracting
MARCH 29, 2018
There is not an official definition, but MRSC has used this: On-Call (Work Order) Contracts (OC/WO Contracts) are bid and awarded without a specific public works project or scope of work in mind, but rather are categorized around general types of anticipated work or trades. Bid Bond Required? Legislation to address this gap is needed.
Expert insights. Personalized for you.
52 
Let's personalize your content