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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. Keep reading to understand the difference between the two and evaluate which one is right for you.

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Controlling Construction Costs, Rocket Science, and Time Travel

Job Order Contracting

Controlling construction costs is not rocket science, nor does it involve time travel. Any real property owner can control construction costs for facilities repair, renovation, maintenance, and new build projects. Controlling Construction Costs is not rocket science 1.

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InEight Seeks FedRAMP Approval to Bring Advanced Cloud Construction Document Control Solution to Federal Agencies

In Eight

[Scottsdale, AZ; December 10, 2024] InEight, a leader in construction project controls software, today announced the pursuit to authorize its InEight Document software solution with the Federal Risk and Authorization Management Program (FedRAMP). government, driven in part by the $1.2

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Improve Job Order Contracting with 4BT

Job Order Contracting

If you are a public organization using JOC, it may be time to rethink, rebuild, and improve Job Order Contracting Program with 4BT. Please contact me at your earliest convenience to learn how you save up to 10x on your JOC Program costs, while assuring complete financial visibility, transparency, and compliance. Contract Management.

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Alliance Contracting Key Aspects

Job Order Contracting

Below is a summary of Alliance Contracting Key Aspects The fundamentals of alliance contracting are not new. Alliance Contracting / Alliance Partnering in Construction, when properly designed, implemented, and managed, drives innovation, collaboration, and best value outcomes for all parties.

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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. Costs: As the scope is likely to evolve and change across the design and construction phases, EPCM projects can expect additional engineering costs as work progresses.

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8 Main Types of Construction Contracts

Autodesk Construction Cloud

A contract’s a contract, right? There are many construction contract types out there. Knowing which contract to use when is critical to ensuring a successful outcome in delivery, customer satisfaction, and profit. A construction contract agreement gets everyone involved in a project on the same page. .