Thoughts for the Day. A great leader comes along about once in a generation and great problems come along about three times a week Most people who succeed in the face of seemingly impossible conditions are people who simply don’t know how to quit. Robert Schuller.
Contracts, Bid, and Award
29 August, 2001
Multiple Fixed Price
Cost Plus Percent
Cost Plus Fee
Guaranteed Maximum Price
Usually Negotiated Contract
Hard Bid - Fixed Price
Percent of Cost
What kinds of risks are in a project?
What are the project risks for the Washington Monument refacing?
Conditions of Contract
Site safety and security
Construction drawings by design agents
Shop drawings by contractors
Responsibilities of Owner and Contractor
EngineeringConstruction ContractsTechnical Terms
Grace Murray Hopper
Admiral, U.S. Navy (retired)
29 August 2001
Life Cycle Steps in the project:
How will the complexity of the project impact the size and nature of the organization?