Construction Contract Packaging.
The PM assists the owner in the development of an overall procurement strategy for the projects. This plan considers local practices, local labor market, chances of unfavorable site conditions, etc. to evaluate the use of general contractor, design-build or other delivery methods as well as the utilization of general contractor, multiple-prime Contractors, design-build or other delivery methods as well as the utilization of phased construction. The plan also includes the development of bid strategies for the individual contract(s) such as
-Competitive bidding-open to all qualified bidders.
-Competitive bidding-to invited bidders only.
-Negotiated contracts.
-Cost reimbursable (or Time and Material) contracts.
-Unit Price Contracts.
Construction Contract Packaging.The PM assists the owner in the development of an overall procurement strategy for the projects. This plan considers local practices, local labor market, chances of unfavorable site conditions, etc. to evaluate the use of general contractor, design-build or other delivery methods as well as the utilization of general contractor, multiple-prime Contractors, design-build or other delivery methods as well as the utilization of phased construction. The plan also includes the development of bid strategies for the individual contract(s) such as -Competitive bidding-open to all qualified bidders.-Competitive bidding-to invited bidders only.-Negotiated contracts.-Cost reimbursable (or Time and Material) contracts.-Unit Price Contracts.
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