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Design costs, permitting, land acquisition, and life-cycle costs may also be evaluated. In delivering pre-construction services, general contractors or construction managers may also be negotiating for project construction services. Often this may be accomplished by agreeing on a guaranteed maximum price (GMP) for the project. The firm then ...
In the United States construction industry, contract agreements are usually written to allow the owner to withhold (retain) the final payment to the general contractor as "retainage". [3] The contractor is bound by the contract to complete a list of contract items, called a punch list, in order to receive final payment from the owner.
These pre-defined data items may be tailored by deleting any part of a DID that is not applicable to the specific acquisition. [2] The CDRL form provides a block for simple citation of which DID it is, as well as where it is mentioned in the SOW and what part(s) of the overall work breakdown structure it is involved with.
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The 16 Divisions of construction, as defined by the Construction Specifications Institute (CSI)'s MasterFormat, is the most widely used standard for organizing specifications and other written information for commercial and institutional building projects in the U.S. and Canada.
Constructability (or buildability) is a concept that denotes ease of construction.It can be central to project management techniques to review construction processes from start to finish during pre-construction phase.