DBIA - Principles of Design-Build and Post
Award Questions and Answers 100% Solved
Performance Requirement A requirement the expressed the owner's needs and expected
operation of the end product.
Certificate of Errors and Omissions Insurance NOT included in the basis of design
documents.
Basis of Design Documents Owner's Project Criteria (RFP), Deviation List, Design-Builder's
Proposal.
Contingency Amount of dollars added to an estimate to cover risks associated with the
unknown.
Design-Build Cost Model A tool used to develop and manage the design.
BAFO Best And Final Offer
, Committed Design Occurs when the design component has been priced and confirmed
"within budget" and when the drawings and specs are approved by the Designer on record as
complying with the RFP.
Trend Management 1 - Facilitate decisions to keep the estimate from increasing budget.
2 - Encouraging proactive approaches to resolve changes quickly with the owner.
3 - Tracking & Documenting cost fluctuations between milestone estimates.
4 - Mitigating disputes before they get larger.
Design Stability When the design is completed enough such that accurate cost estimates
can be determined.
Joint Risk Assessment A multi-disciplined comprehensive risk identification, evaluation
and analysis session that involves representatives from the entire design build team.
Performance Incentives Award Fees, Shared Shavings, Target Cost Contracts, Alliance
Contracts.
Award Questions and Answers 100% Solved
Performance Requirement A requirement the expressed the owner's needs and expected
operation of the end product.
Certificate of Errors and Omissions Insurance NOT included in the basis of design
documents.
Basis of Design Documents Owner's Project Criteria (RFP), Deviation List, Design-Builder's
Proposal.
Contingency Amount of dollars added to an estimate to cover risks associated with the
unknown.
Design-Build Cost Model A tool used to develop and manage the design.
BAFO Best And Final Offer
, Committed Design Occurs when the design component has been priced and confirmed
"within budget" and when the drawings and specs are approved by the Designer on record as
complying with the RFP.
Trend Management 1 - Facilitate decisions to keep the estimate from increasing budget.
2 - Encouraging proactive approaches to resolve changes quickly with the owner.
3 - Tracking & Documenting cost fluctuations between milestone estimates.
4 - Mitigating disputes before they get larger.
Design Stability When the design is completed enough such that accurate cost estimates
can be determined.
Joint Risk Assessment A multi-disciplined comprehensive risk identification, evaluation
and analysis session that involves representatives from the entire design build team.
Performance Incentives Award Fees, Shared Shavings, Target Cost Contracts, Alliance
Contracts.
