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WEEK Four:  Project Delivery Systems & Contract Risk Management

WEEK Four:  Project Delivery Systems & Contract Risk Management. The Construction Management Association of America https://www.cmaanet.org. Note example of projects: Transportation. Resource tab Articles & Whitepapers. The Construction Management Association of America

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WEEK Four:  Project Delivery Systems & Contract Risk Management

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  1. WEEK Four:  Project Delivery Systems & Contract Risk Management

  2. The Construction Management Association of America https://www.cmaanet.org Note example of projects: Transportation

  3. Resource tab Articles & Whitepapers The Construction Management Association of America https://www.cmaanet.org Note example of projects: Transportation

  4. Project Delivery Systems and Contract Risk Management

  5. Projects Phases • THE PLANNING PHASE • THE DESIGN PHASE • THE BIDDING PHASE

  6. THE DESIGN PHASE • Change Order/Claims Prevention Review • Freeze Design • Tailored Scheduling Specification • Payment for Changes Section – • Consequential Damages Clause • RFI Specification • Project Team • Adequate Design Budget • Sufficient Design Time • Consider BIM/VDC • Site Investigation • Project Management Processes • Incentivize Contractor Performance • Use Standard Form Contract Documents • Bonding Requirements • Insurance Requirements • Biddability/Constructability Review • Operations and Maintenance Review • Pre-purchase Owner Delay • Substantial/Mechanical Completion • Liquidated Damages • Actual Damages • Escrow Bid Documents (“EBD”)

  7. THE DESIGN PHASE • Change Order/Claims Prevention Review • Freeze Design • Tailored Scheduling Specification • Payment for Changes Section – • Consequential Damages Clause • RFI Specification • Project Team • Adequate Design Budget • Sufficient Design Time • Consider BIM/VDC • Site Investigation • Project Management Processes • Incentivize Contractor Performance • Use Standard Form Contract Documents • Bonding Requirements • Insurance Requirements • Biddability/Constructability Review • Operations and Maintenance Review • Pre-purchase Owner Delay • Substantial/Mechanical Completion • Liquidated Damages • Actual Damages • Escrow Bid Documents (“EBD”)

  8. THE DESIGN PHASE • Change Order/Claims Prevention Review • Freeze Design • Tailored Scheduling Specification • Payment for Changes Section – • Consequential Damages Clause • RFI Specification • Project Team • Adequate Design Budget • Sufficient Design Time • Consider BIM/VDC • Site Investigation • Project Management Processes • Incentivize Contractor Performance • Use Standard Form Contract Documents • Bonding Requirements • Insurance Requirements • Biddability/Constructability Review • Operations and Maintenance Review • Pre-purchase Owner Delay • Substantial/Mechanical Completion • Liquidated Damages • Actual Damages • Escrow Bid Documents (“EBD”)

  9. THE DESIGN PHASE • Change Order/Claims Prevention Review • Freeze Design • Tailored Scheduling Specification • Payment for Changes Section – • Consequential Damages Clause • RFI Specification • Project Team • Adequate Design Budget • Sufficient Design Time • Consider BIM/VDC • Site Investigation • Project Management Processes • Incentivize Contractor Performance • Use Standard Form Contract Documents • Bonding Requirements • Insurance Requirements • Biddability/Constructability Review • Operations and Maintenance Review • Pre-purchase Owner Delay • Substantial/Mechanical Completion • Liquidated Damages • Actual Damages • Escrow Bid Documents (“EBD”)

  10. THE DESIGN PHASE • Change Order/Claims Prevention Review • Freeze Design • Tailored Scheduling Specification • Payment for Changes Section – • Consequential Damages Clause • RFI Specification • Project Team • Adequate Design Budget • Sufficient Design Time • Consider BIM/VDC • Site Investigation • Project Management Processes • Incentivize Contractor Performance • Use Standard Form Contract Documents • Bonding Requirements • Insurance Requirements • Biddability/Constructability Review • Operations and Maintenance Review • Pre-purchase Owner Delay • Substantial/Mechanical Completion • Liquidated Damages • Actual Damages • Escrow Bid Documents (“EBD”)

  11. THE DESIGN PHASE • Change Order/Claims Prevention Review • Freeze Design • Tailored Scheduling Specification • Payment for Changes Section – • Consequential Damages Clause • RFI Specification • Project Team • Adequate Design Budget • Sufficient Design Time • Consider BIM/VDC • Site Investigation • Project Management Processes • Incentivize Contractor Performance • Use Standard Form Contract Documents • Bonding Requirements • Insurance Requirements • Biddability/Constructability Review • Operations and Maintenance Review • Pre-purchase Owner Delay • Substantial/Mechanical Completion • Liquidated Damages • Actual Damages • Escrow Bid Documents (“EBD”)

  12. THE DESIGN PHASE • Change Order/Claims Prevention Review • Freeze Design • Tailored Scheduling Specification • Payment for Changes Section – • Consequential Damages Clause • RFI Specification • Project Team • Adequate Design Budget • Sufficient Design Time • Consider BIM/VDC • Site Investigation • Project Management Processes • Incentivize Contractor Performance • Use Standard Form Contract Documents • Bonding Requirements • Insurance Requirements • Biddability/Constructability Review • Operations and Maintenance Review • Pre-purchase Owner Delay • Substantial/Mechanical Completion • Liquidated Damages • Actual Damages • Escrow Bid Documents (“EBD”)

  13. THE DESIGN PHASE • Change Order/Claims Prevention Review • Freeze Design • Tailored Scheduling Specification • Payment for Changes Section – • Consequential Damages Clause • RFI Specification • Project Team • Adequate Design Budget • Sufficient Design Time • Consider BIM/VDC • Site Investigation • Project Management Processes • Incentivize Contractor Performance • Use Standard Form Contract Documents • Bonding Requirements • Insurance Requirements • Biddability/Constructability Review • Operations and Maintenance Review • Pre-purchase Owner Delay • Substantial/Mechanical Completion • Liquidated Damages • Actual Damages • Escrow Bid Documents (“EBD”)

  14. THE DESIGN PHASE • Change Order/Claims Prevention Review • Freeze Design • Tailored Scheduling Specification • Payment for Changes Section – • Consequential Damages Clause • RFI Specification • Project Team • Adequate Design Budget • Sufficient Design Time • Consider BIM/VDC • Site Investigation • Project Management Processes • Incentivize Contractor Performance • Use Standard Form Contract Documents • Bonding Requirements • Insurance Requirements • Biddability/Constructability Review • Operations and Maintenance Review • Pre-purchase Owner Delay • Substantial/Mechanical Completion • Liquidated Damages • Actual Damages • Escrow Bid Documents (“EBD”)

  15. Questions WEEK Five: Management

  16. Upcoming Events • Elevator pitch workshop TBD • Disparity Study Meeting March 20 • How to select your Business Banker Workshop • How to select your Insurance Partner Workshop • How to select your Business Accountant Workshop

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