Project Delivery Flashcards

1
Q

What is the difference between a SABER and a MACC contract?

A

SABER (Simplified Acquisition of Base Engineer Requirements)
- one contract, for non complex/smaller construction, maintenance or repair; minimally designed

MACC (Multiple Award Construction Contracts)
- pool of multiple awardees
- used for larger projects

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2
Q

What is a Design-Bid-Build contract? What are some pros and cons?

A

Two separate contracts for design and construction; better for more complex projects

Pros:
- Greater design control
- Better for an inexperienced project team

Cons:
- longer schedule

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3
Q

What is a Design-Bid contract? What are some pros and cons?

A

One contractor does the design and construction
- Better for using standard designs

Pros:
- Shorter schedule
- Minimizes owner risk
- Lower cost

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4
Q

What is a fixed price contract? Who accepts the risk?

A
  • the price is determined when the contract is signed
  • reasonable price comparison with past purchases
  • Contractor accepts the risk
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5
Q

What is a price reimbursement contract? Who assumes the risk?

A
  • contract is signed without a specific price
    circumstances don’t allow for requirement definition
  • uncertainties don’t allow costs to be estimated accurately
  • Govt assumes the risk
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