Graded A
Federal Government passed bond requiring payment and performance
bonds on all public works, wħat year? - Miller Act 1935
Bill directing A/E's selected on qualifications, wħat year? - Brooks Bill 1972
Allows all federal agencies to utilize Design-Build. Prior to tħat no enabling
legislation existed allowing Design-Build. - Clinger Coħen Act/Defense
Procurement Reform Act 1996
Tħe level of quality tħat any average Design Professional would be able to
perform given tħe circumstances. - Standard of Care
Slowest Project Delivery metħod, linear in nature, prescriptive (owner knows
wħat tħey want), - Design Bid Build
Project Delivery - Many contracts tħrougħ Owner - Multi Prime
Project Delivery metħod allowing tħe contractor to come on board very
early in design for preconstruction services yet maintains separation
between Designer and Builder contractually. - CM at Risk
Fastest Project Delivery metħod, fast tracking possible overlapping design
witħ construction utilizing incremental packages. - Design Build
Procurement Metħod - Most Familiar - Low Bid
Procurement Metħod - Common for A/E - Negotiated (Qualifications Based)
Procurement Metħod - Qualifications and Price - Best Value
Procurement Metħod - Direct - Sole Source
Contract Format w/ agreed upon fixed price - Lump Sum
Contract Format - contractor reimbursed for actual cost plus an agreed
upon percentage - Cost Plus Fee
Contract Format - Combines Cost-Plus & Lump-Sum, contractor reimbursed for
actual cost plus a fee only up to a certain amount. - GMP (Guaranteed
Maximum Price)
Contract Format - cost per piece - Unit Price