Reducing Construction Costs Uses of Best Dispute Resolution Practices by Project Owners: Proceedings Report (2007) / Chapter Skim
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6 Employing Standing Dispute Resolution Panels with the Bridging Method of Design and Construction Procurement
6 Employing Standing Dispute Resolution Panels with the Bridging Method of Design and Construction Procurement
Pages 25-30
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From page 25... ...
; the bidding or negotiation and awarding of the construction contract; and then the construction. There are four parties involved in this process: the owner, the owner's architect or design consultant, the construction contractor, and the program manager (which may be an internal or an external program management group)
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From page 26... ...
The fourth fundamental flaw is that responsibility for the project is divided among the owner, designers, contractors, and program manager. Not having a single point of responsibility can lead to finger-pointing when problems arise.
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From page 27... ...
Bridging provides a number of benefits to the project owner: • A more enforceable fixed price contract obtained in about half the time and at about half the front-end cost compared to any other method that truly provides an enforceable price contract; • Net overall construction cost savings for an equal product, typically in the 5 to 10 percent range; • Significant reduction in exposure to claims and unexpected change orders not requested by the owner; and • Clear and single responsibility for correcting post-construction problems and glitches.
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From page 28... ...
However, the dispute resolution panel can be used effectively regardless of the chosen delivery method. RESOURCES Brookwood Program Management Publications.
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From page 29... ...
$36,362a $64,919b Total project cost per "bed" ⎯ Total project cost per square foot of gross $148 $90.50 $120 floor area (including site work) "Dividend" funds within budget made $100,000 $915,000 $608,070 available to user Owner/user initiated change orders as 0.04 2.7 3.3 percent of total project budget Total number of contractor initiated change 0 1 0 orders Total cost of contractor initiated change $0 $63,740 $0 orders Total number of claims against owner/user 0 0 0 Cost to owner of post construction $0 $0 $0 problems a 400 square foot per "bed." b 532 square foot per "bed."
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