1. Construction Contract Approaches Clean Water Management Trust Fund Board of Trustees Meeting February 14, 2010 Construction Contract Approaches and Project Value Clean Water Management Trust Fund Board of Trustees Meeting February 14, 2010
4. Bidding: - obtaining pricing by competitive process - qualified contractor with lowest price is selected: “lowest qualified bidder”
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6. Contracting approaches DESIGN-BID-BUILD Engineer is selected (based on qualifications) grant application, award, and contract design and permit Constructor is selected (based on low bid) construct
7. Contracting approaches DESIGN-BID-BUILD grant application, award, and contract Engineer is selected (based on qualifications) design and permit Constructor is selected (based on low bid) construct
8. Contracting approaches DESIGN-BID-BUILD DESIGN-BUILD Engineer is hand-picked Constructor is hand-picked grant application, award, and contract grant application, award, and contract Engineer is selected (based on qualifications) design and permit design and permit Constructor is selected (based on low bid) construct construct
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15. Final cost vs. budget: CWMTF asked to fund overruns; underrun projects revert unneeded funds