By American Water Works Association
Capital development tasks contain major financial funding, in addition to contracts with development organizations, engineering organisations, and others. This guide describes various venture supply equipment and gives tips to software managers, undertaking engineers, and purchasers for coping with any dimension building undertaking
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Additional info for Capital Project Delivery
The EJCDC believes this more equitable basis for sharing the risks for unanticipated subsurface or physical conditions will encourage contractors to decrease the contingency amounts in their bids and will reduce conflict by providing a better basis for determining an unanticipated or changed condition. Design-Build Institute of America_ _______________________ The DBIA has standard documents and forms specifically for design-build projects (see chapter 7). In addition, the organization has a number of specialty publications related to project delivery systems and design-build.
When all participants understand their roles and the roles of the others, the chances for misunderstandings and disputes will be greatly reduced. The EJCDC standard documents reflect the experience and knowledge of owners, engineers, lawyers, and contractors involved in utility and other types of construction throughout the United States. The documents are adaptable to water utilities, large or small, and have been written so that the requirements of a particular owner or project location can be added to the standard text.
Owners may save on project costs by assuming the risk and eliminating or reducing the need for surety bonds from prequalified contractors. Disadvantages Most disadvantages associated with prequalification concern criteria that do not accurately evaluate a contractor’s ability to complete the work successfully. For example, an owner that may have had a bad experience with a contractor that used rental equipment may wish to eliminate contractors that use rental equipment. Prequalification may be viewed as a subversion of the general competitive bidding procedures.