Performance Contracting For Construction

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Performance Contracting for Construction

Author : United States Department of Transportation
Publisher : CreateSpace
ISBN 13 : 9781508651642
Total Pages : 110 pages
Book Rating : 4.6/5 (516 download)

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Book Synopsis Performance Contracting for Construction by : United States Department of Transportation

Download or read book Performance Contracting for Construction written by United States Department of Transportation and published by CreateSpace. This book was released on 2015-02-27 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much of America's transportation infrastructure is reaching the end of its design life and needs to be reconstructed. At the same time, traffic levels and the resulting congestion levels continue to increase steadily. These two factors combined pose a significant challenge to State Departments of Transportation (DOTs) and the Federal Highway Administration (FHWA). To address this challenge, FHWA has been working with State DOTs and industry to develop a “toolbox” of potential solutions. One tool in this toolbox is performance contracting. Performance contracting is an approach where a private contractor is responsible for achieving a defined set of goals, and where performance goals are specified instead of methods. Using a performance contracting approach will allow owner agencies to define and communicate to construction contractors specifically what they and FHWA want to achieve in their construction projects. The construction contractors on performance contracts should share the risks and rewards as a project partner, and defined performance goals and measurement methodologies will provide a basis for applying incentives and disincentives. However, it must be stressed that for a performance contract to be successful, the contractor must be provided with flexibility on how to perform the work and the performance goals must be under the control/influence of the contractor. FHWA has been working over the past 15 years on evaluating alternative contracting procedures under the Special Experimental Projects No. 14 (SEP-14) program. These procedures, which include performance contracting, incentives/disincentives, and Best Value awards, have resulted in time/cost savings and improved contract management. FHWA anticipates that the use of these procedures will expand greatly in the future as a means of addressing current challenges. The purpose of this Guide is to provide States with processes and materials that they can use to accelerate the development of a performance contract solicitation package for construction contracts.

Performance Contracting for Construction

Author :
Publisher :
ISBN 13 :
Total Pages : 97 pages
Book Rating : 4.:/5 (877 download)

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Book Synopsis Performance Contracting for Construction by :

Download or read book Performance Contracting for Construction written by and published by . This book was released on 2012* with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: Performance contracting is an alternative contracting technique, under which DOTs specify performance goals (desired outcomes), and contractors receive the flexibility to propose and apply innovations to meet those goals. It is designed to enhance cooperation and problem solving between the owner agency and contractor as partners, and to ensure that the owner agency achieves its desired outcomes for the project. Under performance contracting, the agency can clearly communicate to the contractor what they are trying to achieve with the project, and the contractor shares the risks and rewards through incentives and disincentives. FHWA originally developed this Guide in 2006. This 2012 update includes lessons learned and sample materials from a successful pilot project conducted by the Michigan Department of Transportation.

Management, Measurement & Verification of Performance Contracting

Author : James P. Waltz
Publisher : The Fairmont Press, Inc.
ISBN 13 : 0881732710
Total Pages : 370 pages
Book Rating : 4.8/5 (817 download)

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Book Synopsis Management, Measurement & Verification of Performance Contracting by : James P. Waltz

Download or read book Management, Measurement & Verification of Performance Contracting written by James P. Waltz and published by The Fairmont Press, Inc.. This book was released on 2003 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotation. Written by a leading expert in the field of measurement and verification, this book provides a truly authoritative resource on the skill and art of managing and monitoring performance contracted energy projects. Following a brief review of the fundamental concepts of performance contracting, the author guides the reader through every aspect of actually implementing a successful performance contract. You'll find out what can lead a project to go wrong, as well as how to monitor and verify a project's true performance all along the way. Numerous case studies and specific project examples are used to clearly illustrate the concepts presented. Comprehensive in scope, and drawn from the author's years of practical experience in the field, this book is essential reading for anyone who is either already involved with or considering use of performance contracting.

Performance Contracting

Author : Shirley J. Hansen
Publisher : CRC Press
ISBN 13 : 8770222541
Total Pages : 175 pages
Book Rating : 4.7/5 (72 download)

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Book Synopsis Performance Contracting by : Shirley J. Hansen

Download or read book Performance Contracting written by Shirley J. Hansen and published by CRC Press. This book was released on 2020-11-26 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: Performance Contracting is a must-read for those concerned about energy and the environment. It examines state-of-the-art facts and pragmatic realities from financing to measurement and verification, and includes up-to-date how-to's for both end users and energy service companies. Readers will find expert advice on RFPs and RFQs, tips on making an energy project investment worthy, and guidelines for effectively negotiating and developing energy services agreements. They will also learn the key strategies for managing risks, both from a user's and a service provider's point of view, as well as ways to expand business and serve customers more effectively.

Residential Construction Performance Guidelines, Consumer Reference (Pack of 10)

Author : National Association of Home Builders
Publisher : Builderbooks
ISBN 13 : 9780867187458
Total Pages : 68 pages
Book Rating : 4.1/5 (874 download)

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Book Synopsis Residential Construction Performance Guidelines, Consumer Reference (Pack of 10) by : National Association of Home Builders

Download or read book Residential Construction Performance Guidelines, Consumer Reference (Pack of 10) written by National Association of Home Builders and published by Builderbooks. This book was released on 2016 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: NAHB's Residential Construction Performance Guidelines were created to offer a third-party view of quality issues in residential construction (both new homes and remodeling). The Consumer Reference makes it easy to provide a copy of the guidelines to every customer. Sold in affordable packs of 10, the Consumer Reference is a great addition to your warranty claims process and: Help customers understand the basics of a properly constructed home and how it should perform during the warranty period Take action to resolve customer concerns before they escalate to complaints Exhibit your professionalism by showing that you consistently meet or exceed accepted industry guidelines Includes Residential Construction Performance Guidelines for: Site Work and Foundation Floors, Walls, and Roofs

Performance-based Construction Contractor Prequalification

Author : Douglas D. Gransberg
Publisher : Transportation Research Board
ISBN 13 : 0309098289
Total Pages : 114 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis Performance-based Construction Contractor Prequalification by : Douglas D. Gransberg

Download or read book Performance-based Construction Contractor Prequalification written by Douglas D. Gransberg and published by Transportation Research Board. This book was released on 2009 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Smith, Currie & Hancock's Federal Government Construction Contracts

Author : Thomas J. Kelleher, Jr.
Publisher : John Wiley & Sons
ISBN 13 : 0470539763
Total Pages : 736 pages
Book Rating : 4.4/5 (75 download)

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Book Synopsis Smith, Currie & Hancock's Federal Government Construction Contracts by : Thomas J. Kelleher, Jr.

Download or read book Smith, Currie & Hancock's Federal Government Construction Contracts written by Thomas J. Kelleher, Jr. and published by John Wiley & Sons. This book was released on 2010-03-29 with total page 736 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federal Construction Law for Construction Professionals Any firm intent on benefitting from the boom in federal government construction contracts must navigate an increasingly complicated and demanding set of laws, regulations, and practices that govern these projects and the contractors performing them. To help guide you through this maze, here is the updated edition of the easy-to-understand guide to the practical reality of these special requirements, and how managers and owners of construction industry firms can use them to effectively avoid pitfalls on current projects and compete successfully for new projects. Smith, Currie & Hancock's Federal Government Construction Contracts, Second Edition walks the reader through actual federal contracts, highlights critical clauses, and simplifies governmental and legal jargon to provide ease of use by the nonlawyer. Updates to this Second Edition include: Coverage of the newly enacted American Recovery and Reinvestment Act of 2009 Specifics of federal government grants to state and local public construction contracts New insights on Design-Build, Early Contractor Involvement (ECI), BIM, Green Construction, and Web-based project management techniques used by the federal government A revised look at the increasingly detailed business ethics and compliance program requirements for contractors and subcontractors as mandated by the federal government for its contractors A unique Web site at www.wiley.com/go/federalconstructionlaw provides the user with a Table of Acronyms and Terms commonly found in federal government contracts, an extensive list of Web sites of interest to federal government construction contractors, checklists, sample forms, as well as specifications related to innovations in project delivery By making transparent the many rights, risks, and legal responsibilities involved in a federal government construction project, Smith, Currie & Hancock's Federal Government Construction Contracts, Second Edition provides construction industry professionals from general contractors, subcontractors, and designers to surety bond agents with the insight and understanding they need to avoid problems and run a successful project from start to finish.

Well Built

Author : Chad Prinkey
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.8/5 (918 download)

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Book Synopsis Well Built by : Chad Prinkey

Download or read book Well Built written by Chad Prinkey and published by . This book was released on 2024 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The High-Performance Contracting Code: Unlock the Systems of the Top 2% The construction industry is plagued by low bid procurement norms, tight margins, and cutthroat competition. Yet a rare group of elite contractors consistently achieve double and even triple the net profit margins of their peers. What's their secret? After fifteen years advising hundreds of contractors, author Chad Prinkey reveals the formula for success in this step-by-step guide.

Air Force Federal Acquisition Regulation Supplement (AFFARS).

Author : United States. Department of the Air Force
Publisher :
ISBN 13 :
Total Pages : 422 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Air Force Federal Acquisition Regulation Supplement (AFFARS). by : United States. Department of the Air Force

Download or read book Air Force Federal Acquisition Regulation Supplement (AFFARS). written by United States. Department of the Air Force and published by . This book was released on 1988 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Home Builder Contracts and Construction Management Forms

Author : NAHB Business Management
Publisher : Builderbooks
ISBN 13 : 9780867186161
Total Pages : 0 pages
Book Rating : 4.1/5 (861 download)

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Book Synopsis Home Builder Contracts and Construction Management Forms by : NAHB Business Management

Download or read book Home Builder Contracts and Construction Management Forms written by NAHB Business Management and published by Builderbooks. This book was released on 2006 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nearly 100 of the most useful business forms and contracts for builders are gathered from builders across the country: sales and marketing forms, contracts, agreements, trade contractor specifications, checklists, orientation and quality control documents, and more. Documents can be downloaded from the CD and customized.

Construction Contracting

Author : Stuart H. Bartholomew
Publisher :
ISBN 13 :
Total Pages : 360 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Construction Contracting by : Stuart H. Bartholomew

Download or read book Construction Contracting written by Stuart H. Bartholomew and published by . This book was released on 1998 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exceptionally practical and authoritative, this introduction to construction contracting as it applies to typical, every-day situations explains theoretical ideas in terms of what really happens in practice.* Reflects the authors extensive experience as an educator and in the contracting field at virtually every position - from junior engineer to Executive Vice President and Director of a major national construction contracting company. * The author has personally experienced in practice every concept covered. * Examines the more common case law holdings and the customs and practices of the industry. * Relies on case law extensively to explain and illustrate how courts/boards/arbitrators view the typical legal problems that occur in contracting practice. * Presents the clear contractual basis of the normal relationship of the various parties to the construction process in the United States today. * Explains how to read and identify the key or red flag clauses in prime contracts for the provision of construction services. * Systematically examines a number of construction-related contracts common to the industry (other than the prime construction contract), e.g.: * Labor agree

Federal Government Construction Contracts

Author : Adrian L. Bastianelli
Publisher : Forum
ISBN 13 :
Total Pages : 760 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Federal Government Construction Contracts by : Adrian L. Bastianelli

Download or read book Federal Government Construction Contracts written by Adrian L. Bastianelli and published by Forum. This book was released on 2003 with total page 760 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by many of the top experts in government contracts and construction law, this new book, with over 600 pages, contains detailed analysis and citations in all areas of the government construction contract law including: Formation: use of the FARs, sealed bidding, competitive negotiation, design-build, IDIQ contracts, bid protests, and socioeconomic issues; Performance: changes, differing site conditions, delay, subcontracting, termination for convenience and default, pricing of claims, and payment; Dispute Resolution: claim procedures, litigation, false claims, ADR, and EAJA; Most construction lawyers will handle government contract matters at some point in their careers. This book will provide the construction lawyer, consultant, and contractor who are not experts in government contract law with the basic knowledge and a road map of federal government construction contracting regulations and case law that will allow them to avoid the problems and pitfalls of government contracting. The book also provides in-depth coverage of government construction contracting by top government contract lawyers.As a result, it will provide the experienced government contract practitioner with a sophisticated analysis of the issues and a source of case law and regulations. It will be a ready reference that the government construction contract lawyer will want to keep nearby.

Understanding and Negotiating Construction Contracts

Author : Kit Werremeyer
Publisher : John Wiley & Sons
ISBN 13 : 1394150202
Total Pages : 390 pages
Book Rating : 4.3/5 (941 download)

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Book Synopsis Understanding and Negotiating Construction Contracts by : Kit Werremeyer

Download or read book Understanding and Negotiating Construction Contracts written by Kit Werremeyer and published by John Wiley & Sons. This book was released on 2023-07-19 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding and Negotiating Construction Contracts The complexities of construction contracts are made easy with this thorough and readable guide Construction contracts can be complex for both owners and contractors. For contractors, negotiating fair and balanced commercial terms in contracts is just as important as properly managing projects; a properly negotiated contract can mitigate unnecessary risk and unnecessary risk transfer. This, in turn, reduces exposure to financial liability for the contractor and for avoidance of contract claims and disputes. Understanding and Negotiating Construction Contracts provides a comprehensive and readable introduction to the world of construction contracts. Providing, for example, coverage of the four most common types of contracts—lump sum/fixed-price, cost-plus, time-and-materials, and unit-pricing—it promises to reduce uncertainty and allow contractors to enter contractual negotiations with greater confidence to be able to achieve a fair and balanced contract. This updated new edition reflects the up-to-date best practices to understand how to better negotiate the commercial terms and conditions in construction contracts. Readers of the second edition of Understanding and Negotiating Construction Contracts will also find: Updated information on indemnity, insurance, and negotiation An all-new chapter with a contract analysis checklist Real-world examples drawn from small residential, retail, large commercial, and international projects Understanding and Negotiating Construction Contracts is essential for construction professionals and college students studying construction contracts and the liabilities arising out of them.

Relational Contracting for Construction Excellence

Author : Albert P Chan
Publisher : Routledge
ISBN 13 : 1134036027
Total Pages : 353 pages
Book Rating : 4.1/5 (34 download)

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Book Synopsis Relational Contracting for Construction Excellence by : Albert P Chan

Download or read book Relational Contracting for Construction Excellence written by Albert P Chan and published by Routledge. This book was released on 2009-09-23 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: Improved efficiency and effectiveness in the construction industry provide huge potential savings. Various forms of relational contracting such as partnering, alliancing, public private partnership (PPP), and joint venture are good examples of this. Relational Contracting for Construction Excellence presents the principles of relational contracting, practicalities and a series of short case studies. Principles begins with the fundamentals then covers development in major countries, definitions of relational contracting, their benefits, difficulties, critical success factors and key performance indicators. Practice includes the relational contracting approach and process in general, and significant factors which make workshops successful, at whatever stage of the process. A number of real-life case studies from the UK, USA, Australia, and Hong Kong are provided. Since the book draws on a combination of practical consultancy works and university research, a wide range of readers will find it useful, i.e. from industrial practitioners to undergraduate students.

Multiple Contracts and Coordination in International Construction Projects

Author : Jürg Künzle
Publisher : Kluwer Law International B.V.
ISBN 13 : 9403519940
Total Pages : 254 pages
Book Rating : 4.4/5 (35 download)

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Book Synopsis Multiple Contracts and Coordination in International Construction Projects by : Jürg Künzle

Download or read book Multiple Contracts and Coordination in International Construction Projects written by Jürg Künzle and published by Kluwer Law International B.V.. This book was released on 2020-07-16 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: International Arbitration Law Library, Volume Number 57 Collaboration between multiple parties from different countries is one of the main challenges of almost every international undertaking, and this is especially true in the case of large and complex construction projects, such as airport terminals, interchange subway stations, distribution centers, industrial processing and manufacturing facilities or hydropower plants. This comprehensive analysis of key legal issues arising from interdependencies between multiple contracts methodically lays out, from a Swiss law perspective, the way in which coordination of works in construction projects could or should occur. It also examines the legal consequences of coordination failure and various related aspects of dispute resolution. Topics covered include the following: interfaces and interdependencies across the system boundaries of multiple contracts coordination responsibilities derived from the principle of good faith and from a contextual interpretation of interdependence-related FIDIC Red Book provisions; delegation scenarios; liability for breach of contract and legal remedies in case of delay, disruption, defects, destruction and performance impossibility; direct claims against third parties; taking of evidence under substantively intertwined contracts; and coordination of interrelated arbitration proceedings. The detailed analysis draws on numerous specific real-life examples as well as illustrative Swiss and Unites States case law. An appendix offers very useful practice pointers. Although considering Swiss law, which is a frequent choice for the law governing international construction contracts, the analysis deals with an array of conceptual aspects of multiple contracts and coordination, thereby addressing a great number of issues beyond the limits of national law. With its practical examples, the book is sure to be welcomed by those seeking to avoid or resolve disputes to which project coordination may give rise. It will prove of particular value to practitioners negotiating international construction contracts, arbitrators, in-house counsel representing owners and contractors involved in international construction projects, members of dispute review boards and project managers.

Building Contracts for Design and Construction

Author : Harold Dana Hauf
Publisher : John Wiley & Sons
ISBN 13 :
Total Pages : 364 pages
Book Rating : 4.:/5 (89 download)

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Book Synopsis Building Contracts for Design and Construction by : Harold Dana Hauf

Download or read book Building Contracts for Design and Construction written by Harold Dana Hauf and published by John Wiley & Sons. This book was released on 1968 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Target Cost Contracting Strategy in Construction

Author : Daniel W.M. Chan
Publisher : Routledge
ISBN 13 : 1317229266
Total Pages : 281 pages
Book Rating : 4.3/5 (172 download)

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Book Synopsis Target Cost Contracting Strategy in Construction by : Daniel W.M. Chan

Download or read book Target Cost Contracting Strategy in Construction written by Daniel W.M. Chan and published by Routledge. This book was released on 2016-10-14 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: The problems inherent in the traditional design-bid-build procurement method often lead to the adversarial working relationships within the construction industry. Target cost contracts, accompanied by a gain-share/pain-share arrangement serving as a cost incentive mechanism, have emerged in the United States, the United Kingdom, Australia and Hong Kong with the aim of achieving better value for money and more satisfactory overall project performance under a collaborative working relationship. This book presents the underlying principles, practicalities and a series of short case studies of applying the target cost contracting strategy. Principles begin with the fundamentals then cover the development of target cost contracting in major countries/cities, definitions of target cost contracting, perceived benefits, potential difficulties and critical success factors for implementation. Practices include the target cost contracting approach and process in general, the key risk factors, risk assessment model, risk allocation and risk mitigation measures for target cost contracts in particular, together with a conceptual framework for the performance measurement of target cost contracts. Several short real-life case studies from the United Kingdom, Hong Kong, Australia and New Zealand are provided for further illustration. The book will appeal to a wide spectrum of readers from industrial practitioners to undergraduate students, researchers and academics interested in construction contracts and procurement methods.