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The negotiated contract method for RFPs is a rapidly growing trend in construction. Traditionally, RFPs have gone through a competitive bid method – meaning that 100% of the design work is done without the input of contractors and with very little real cost information. With the negotiated contract method, only about 10% of the design work is done before a contractor is brought to the table, which means less paperwork and lower up-front costs. There are several advantages to the negotiated contract method:- Because only a small part of the design work is done up-front (before a contractor is brought on board), no extensive re-design work has to be done when budget/schedule issues with the design become a factor.- A complete team – architect/designer and contractor – is assembled earlier, making for a much more efficient process and outcome.- The RFP process becomes a collaborative effort, rather than a competitive one.There is no other book on t...
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Successful RFPs in Construction
March 18, 2005, McGraw-Hill Professional
in English
0071449094 9780071449090
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Successful RFPs in Construction
March 18, 2005, McGraw-Hill Professional
Paperback
in English
- 1 edition
0071449094 9780071449090
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- Created April 29, 2008
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