Value, Benefits, and Limitations of Qualifications-Based Selection for Airport Project Delivery (2019) / Chapter Skim
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Pages 49-55
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From page 49... ...
49 This appendix provides a concise summary of various project delivery methods used for capital projects. Those delivery methods include • Design–bid–build (DBB)
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From page 50... ...
50 Value, Benefits, and Limitations of Qualifications-Based Selection for Airport Project Delivery Construction Manager-at-Risk In this approach, the owner selects the contractor at early stages of design to provide preconstruction services to the project and to enter into a construction contract with a guaranteed maximum price (GMP) that is negotiated during the design process.
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From page 51... ...
Project Delivery Method Primer 51 CMR projects are characterized by a contract between an owner and a construction manager who will be at risk for the final cost and time of construction. The CMR is to furnish professional management of all phases of a project's life to an owner whose organization may not have those capabilities.
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From page 52... ...
52 Value, Benefits, and Limitations of Qualifications-Based Selection for Airport Project Delivery Because the owner transfers responsibility for all design and construction in the DB contract, it also loses the ability to foster competition between design subconsultants and construction trade subcontractors. There is typically no requirement to bid for subcontract work packages competitively, and often the scale, complexity, and speed at which DB projects are executed precludes firms with no DB experience from being able to participate.
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From page 53... ...
Project Delivery Method Primer 53 typically contained in a lump-sum DB price proposal during the design phase by not forcing the design–builder to commit to a price until the details of the design are reasonably stable. Indefinite Delivery/Indefinite Quantity Previous research on IDIQ practices identified three different IDIQ contracting models which are determined in accordance with the number of contractors selected to participate in the contract and the expected number of work orders to be issued (Alinger 2010, Rueda 2013)
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From page 54... ...
54 Value, Benefits, and Limitations of Qualifications-Based Selection for Airport Project Delivery OWNER DESIGNER-OFRECORD GENERAL CONTRACTOR Design Subconsultants Trade Subcontractors DESIGNBUILDER OPERATIONS & MAINTENANCE CONTRACTOR Developer/ ConcessionaireBanks/Lenders Project Sponsors/ Equity Providers $ Return on Equity $ Debt Service (Only If DBFOM) Figure 16.
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From page 55... ...
Project Delivery Method Primer 55 permits. In most cases, the developer is given full control of the project delivery process with the agency assuming an oversight role to fulfill its due diligence duties required by Title 23 of the Code of Federal Regulations on federally funded projects (Barutha et al.
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