Description
Understand the various aspects of costplus contracting as well as common issues that may arise.This topic will provide a guide to when and how to use costplus contracts for construction projects. The information provided will include bidder identification, solicitation methods, evaluation criteria and methods, trade and subcontractor issues, administration of costplus contracts, payment issues, risk allocation issues and postconstruction auditing. We will then look at key contract provisions associated with costplus contracting, how to manage costs in costplus contracts and finally how to protect ownership from unscrupulous contractors.
Date: 2020-03-30 Start Time: End Time:
Learning Objectives