03_Practice Wide Delivery of Services

Question 1

methods of compensation

Answer 1

Stipulated sum
Percent of construction cost
hourly
hourly not to exceed

Question 2

Stipulated Sum

Answer 2

Fixed fee for a known scope of work. use when Architect and client know each other and the scope if fully known.

Question 3

Percent of construction cost

Answer 3

you have to be specialized in the field to know what amount it would be. its volatile of const cost, risk for both architect and the client fluctuating fee.

Question 4

Hourly

Answer 4

can be used for any project, but often architects charge like lawyers so hourly not to exceed is better suited for the client.
Unit cost - most used for interior fit outs.

Question 5

Driving factors for delivery methods

Answer 5

DBB - cost, 1
Negotiated select team - Quality - 1
cost-plus fixed  fee - scope - 1
CM -Ad - RISK - Many
CM-Ag -risk - many
CM-C - Time - many
DB - Risk - 1
DB - Bridging - Risk - 1

Question 6

RFQ

Answer 6

put together your best guess of what the client is asking for

Question 7

RFP

Answer 7

This tells what the project is, larger goals,is the project viable, how is it submitted?

Question 8

RFS

Answer 8

REQUEST FOR SERVICE, SMALL SCALE SERVICE AS OPPOSED TO rfp

Question 9

contracts

Answer 9

B105 - Small residential
B104 - SMALL BUSINESS, MID SIZE
B106 - PRO BONO
B108 - FEDERAL FUNDED
B107, B109 - MIX USED DEVELOPMENT
B143 - DESIGN-BUILD

Question 10

How wanna get paid

Answer 10

Lump sum - a set number, whe n you total number of the hours
cost plus fee - when things can vary
GMP - closed ended
Hourly - price/hour