Tag Archives: Bidders

Infrastructure Estimating Pitfall > The Electrical Subcontract Price

on April 21, 2012 by admin in Bidding, Estimating, General Construction, Infrastructure Leave a comment

One of major pitfalls of general contractor (GC) estimating on infrastructure projects is getting the right numbers from the electrical bidders. Electrical trades comprise a significant portion of the contract value on large fixed-price infrastructure projects. GC’s are faced with the perilous … Continue reading →

Tagged with are, Auto, Bidders, complexity, construction market, contract, contract value, contractor, Draft, Electrical, electrical trades, estimate, general contractor, house, Impact, infrastructure, infrastructure projects, ken, line, mode, outcome, perilous task, Pitfall, pitfalls, price taker, scope, Subcontract, subcontractors, task, today, Trade, true value, validate, value estimate |

LDs vs. Incentives on Projects

on September 3, 2010 by admin in Construction Economics, Construction Management, Program Management, Project Management, Strategic Management 1 Comment

I have a nagging question which I cannot answer. Why do some Owners (including Government institutions) insist on including LDs (liquidated damages) in contracts? Based on my experience and on informal surveys I have taken, LDs, in general, DO NOT … Continue reading →

Tagged with adversarial relationship, analysis, Auto, Bidders, burden of proof, complex project, Draft, economic interests, economic viewpoint, experience, focus, government institutions, incentive, Incentives, informal surveys, LDs, NOT, position, poten, purpose, rationale, rigor, risk, value |

Tag Archives: Bidders

Infrastructure Estimating Pitfall > The Electrical Subcontract Price

LDs vs. Incentives on Projects

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