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Cost-Plus Vs. GMP Construction Contracts

Rabbet

When evaluating what type of contract to use, they likely have different priorities, too. There are many different types of contracts , but two of the most common are cost-plus and guaranteed maximum price. Project owners tend to prefer guaranteed maximum price contracts to protect them from cost overruns.

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When Speed Counts: EPCM Delivery for Industrial and Manufacturing Projects

Civil + Structural Engineer

Owners building complex industrial projects face a wide range of risks in delivering their projects as quickly and as cost-effectively as possible. Summary of both stays at the defined level, and the contingencies are under Client control, not contractors. Quality: The speed of EPCM delivery means quality assurance is a key challenge.

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What Does an Assistant Construction Manager Do?

Building Radar

They play a vital part in the success of large-scale developments, from commercial buildings to residential complexes. The construction sector is evolving, with tools like Building Radar helping companies streamline project management. This ensures that projects are completed efficiently, reducing costs and enhancing profitability.

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£30m consultancy framework offers work for 116 winners

Construction Enquirer

The 116 winning consultants have been confirmed for a country-wide £30m framework to help support new build, refurbishment and retrofit of public sector buildings and homes.

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25 Innovative Solutions to the Housing Affordability Crisis

The Pro Builder

Capsule’s team of engineers, machines, and assembly technicians manufacture buildings as components to increase the number of units of housing available. With Canvas’s worker-controlled robotic machine, contractors are able to make drywall finishing safer and more attractive to a shrinking pool of skilled labor. TANGOBuilder.

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Sundt Standardizes Document Control with InEight

In Eight

Throughout the organization, each division developed unique approaches for project management, document control, and similar processes, leading to a network of crowded and competing solutions. THEBENEFITS An organization-wide InEight adoption standardized Sundt’s document control processes across projects and divisions.

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Key Benefits of Choosing a Design-Build Contractor

CCR Magazine

The construction industry is shifting toward more efficient project delivery methods, and Design-Build has emerged as one of the most effective approaches. Unlike the traditional design-bid-build process, where design and construction are handled separately, design-build consolidates both under a single contract.