Understanding the Design-Build Roadmap: Cost, Contracts, and Performance Specifications
This chapter delves into the Design-Build (DB) approach, focusing on Guaranteed Maximum Price (GMP) contracts, construction management (CM), and project management (PM). It highlights the critical elements of defining project programs, performance specifications, and the role of an owner’s representative in the contract process. Furthermore, it compares competitive bidding in DB versus Design-Bid-Build (DBB), addressing acceptance of design, scope of work, and total cost. The chapter also discusses the advantages and disadvantages of different design approaches, along with considerations of overall costs, schedules, safety, and quality in industrial projects.
Understanding the Design-Build Roadmap: Cost, Contracts, and Performance Specifications
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Presentation Transcript
Chapter two ROAD TO DESIGN BUILD
ROAD MAP • THE COST PLUS GUARANTEED MAXIMUM PRICE CONTRACT (GMP) • CM • PM • DB IS THE LATEST STAGE: NEW PERSPECTIVE ON QUALIFICATIONS , A CLEAR DEFINITION OF THE PROJECT PROGRAM, PERFORMANCE SPECIFICATION, OWNER’S REPRESENTATIVE AND THE CONTRACT
PROCESS OD DESIGN BUILD • COMPETITIVE BIDS IS DIFFERENT THAN DBB • THREE ISSUES: ACCEPTANCE OF DESIGN, SCOPE OF WORK AND TOTAL COST • RFP • WEIGHTED CRITERIA METHOD-PTS SYSTEM • ADJUSTED LOW BID • THE EQUIVALENT DESIGN AND LOW BID • A FIXED PRICE-BEST DESIGN APPROACH
DB • ADVANTAGES AND DISADVANTAGES • BRIDGING DESIGN APPROACH TO DB: DESIGN-DESIGN-BUILD, OWNER RESPONSIBILITIES, BRIDGING CONSULTANT AND DESIGN BUILD FIRM
HOW EFFECTIVE IS DB? • DB VS DBB-SIZE • PUBLIC VS PRIVATE • INDUSTRIAL PROJECTS • OVERALL-COST, SCHEDULE, SAFETY, CHANGES AND REWORK
ISSUES IN DB • QUALITY: OWNERS/DP/ORGANIZATIONS
