1 / 11

Job Site Issues

Job Site Issues. Module 09-01 November 9, 2014. Purpose. Recap some of the overall job site issues leading to project close out. Learning Objectives. Be able to list and describe briefly the following Job-Site Issues. 1. Acceptance and Withdrawal Period.

abel-spence
Download Presentation

Job Site Issues

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Job Site Issues Module 09-01 November 9, 2014 CVEN 349 - Maxwell

  2. Purpose • Recap some of the overall job site issues leading to project close out. CVEN 349 - Maxwell

  3. Learning Objectives • Be able to list and describe briefly the following Job-Site Issues. CVEN 349 - Maxwell

  4. 1. Acceptance and Withdrawal Period • Bids are due at a specific time and place. • Bid security (bond) protects Owner from Contractor's failure to sign contract. • Acceptance Period protects Contractor from Owner’s delay in signing the contract. CVEN 349 - Maxwell

  5. Award of Notice to Proceed • Consummates the relationship between the Owner and contractor. • Letter of Intent – a legally binding agreement to eventually sign a contract. • Establishes a Start Date. • Generally grants access to the work site. CVEN 349 - Maxwell

  6. Contract Agreement • Pulls together: • Plans and specifications • Standard forms • Payment schedule • Standard Terms and Conditions • Any special or additional T&C’s, Forms, etc. • Processes for Change Orders, Time Extensions, Payment Schedule changes, etc. CVEN 349 - Maxwell

  7. Time Extensions • Various reasons: • Design problems • Owner modifications • Strikes, Weather, Late Deliveries, etc. • Affects Progress Payments • No-Cost extensions are more likely in research or consulting. CVEN 349 - Maxwell

  8. Change Orders • Any alteration of the formal agreement requires a Change Order. They may be needed: • To correct design and specification problems • Owners change their minds. • Conditions change – subsurface, new codes, technology, economy, etc. • Only the Owner or his official designee can sign a change order. • Since they are non-competitive in nature, they may be a “license to steal.” CVEN 349 - Maxwell

  9. Suspension, Delay, or Interruption • For one reason or another, the Owner may order the Contractor to suspend or delay work. The Contractor will usually claim damages. • For one reason or another, the Contractor may delay job completion. The Owner will usually claim liquidated damages. They are hard to collect. CVEN 349 - Maxwell

  10. Progress Payments and Retainage • Payments are based upon an agreed upon schedule of values, mile stones, or %-complete estimates. • Retainage is returned after the work is completed to the Owners satisfaction. CVEN 349 - Maxwell

  11. 8. Job Close Out • Completion of the work (Close Out) may be a contentious exercise. • The “Punch List” is used to protect both parties from unnecessary delays in establishing the actual completion date. • Completion of “Punch List” establishes the completion of the contract. CVEN 349 - Maxwell

More Related