Solicitations
CSDB School Sign
Reporting Requirements for Public Projects as per HB13-1292
- Contracting Method – Design/Build Guaranteed Maximum Price (GMP)
Rationale: gain cost certainty and control while benefiting from the efficiency and reduced timelines of the Design-Build approach. The GMP shifts the risk of cost overruns to the contractor. Contractor, design team, and owner collaborate from the start to define the scope, budget, and schedule which leads to better cost management, constructability analysis, and a realistic GMP.
Reporting Requirements for Public Projects as per HB13-1292
- Contracting Method – Design/Bid/Build
Rationale: to achieve lower construction costs through competitive bidding, maintain greater owner control over the design, and leverage a familiar, transparent process that is well-suited for projects with a clearly defined scope.
