by Simplar | Jan 14, 2021 | Business, Strategic and Project Planning, Business, Strategic and Project Planning
Fixed-Price Rest In Peace An article in The Engineering News Recordforetells the ultimate demise of fixed-price contracts: SNC-Lavalin Fixed-Price Exit Could Boost Rival July 27, 2019 ENR, Debra K. Rubin Canadian design-build giant SNC-Lavalin Group Inc. said on...
by Simplar | Jan 14, 2021 | Proposal Writing, Proposal Writing
Beyond “Low Bid” What Now? The idea that always choosing the low bidder on a construction contract would protect budgets and prevent corruption has run its course. It is now almost an axiom of the construction industry that the hidden cost of broken schedules and...
by Simplar | Jan 14, 2021 | Project Selection, Project Selection, Project Selection
Two Steps To Project Selection Risk Contractors know that they accept a certain amount of risk every time they enter into a new contract. However, they are challenged to select projects that their organization will be able to complete profitability. How much risk...
by Simplar | Jan 14, 2021 | Project Teams, Project Teams, Project Teams
Building Effective Teams Engineers, architects, iron workers, concrete finishers, sheet metal workers, carpenters, electricians, and plumbers all work together with offsite vendors and suppliers in an intricate dance of coordinated individual functions as a skyscraper...
by Simplar | Jan 14, 2021 | Financial Management and Risk, Financial Management and Risk
Asset and Work Management Software An Adoption Story Innovation is the current business buzz word. Companies that fail to innovate are destined to fall behind and disappear from the scene. Witness the recent demise of the brick and mortar retail industry....
by Simplar | Jan 14, 2021 | Business Development, Business Development
The Destructive Low Bid Myth by Simplar Institute About 150 years ago, our forefathers bestowed the competitive bidding concept on us in order to curb corruption, inefficiency, and mismanagement by government officials. In New York, the competitive bidding...