Managing Construction 15

Question 1

A COMPETITIVE bid can have THREE DIFFERENT types of DELIVERY METHODS:

Answer 1

1. General Contracts
2. Construction Manager
3. Design-Build

Question 2

GENERAL CONTRACTOR DELIVERY METHOD:

Answer 2

The owner hires an architect who designs the project, and those drawings are used to solicit bids or negotiate a price.

Question 3

CONSTRUCTION MANAGER delivery method

Answer 3

There are two types:

1. CM Agency
2. CM at Risk

Question 4

CM AGENCY delivery method:

Answer 4

A firm is hired to represent the owner, but holds no subcontracts and is not legally responsible for the final const or schedule of the project.

Question 5

CM AT RISK:

Answer 5

The contractor takes responsibility for managing the subs, as well as stipulating a final price and schedule for the owner.

Question 6

DESIGN-BUILD delivery method:

Answer 6

The owner has only one contract, which is both for the design and construction of the project.

Question 7

What is the risk of the Design-Build delivery method?

Answer 7

Risk is increased for the contractor because the entire team is now responsible for both design and construction.