Using ideas from Exhibits 13.4 and 13.5, determine criteria you would use to select sellers for the portion of contract work under consideration.

Transcribed Image Text:

Exhibit 13.4 Component A: Process-related design-build contractor selection factors: Priority Factor I II III IV V VI Factors to Consider When Selecting a Design-Build Contractor VII Shorten Duration Plant/equipment Specialism Design capacity Reduce Cost Reduce Claims Establish Cost Establish Schedule Innovation Reduce Coordination Managerial Brand Culture Definition To reduce the overall project delivery time as compared to other project delivery methods Trust/integrity Methodology Organization To reduce the overall project delivery cost as compared to other project delivery methods To eliminate claims raised by contractors due to design errors or shortcomings To fix project budget early on, long before completing detailed designs and specifications Component B: Organization-related design-build contractor selection factors: Technical Know-how Expertise To fix schedule of project benefits long before completing detailed designs and specifications To benefit from the innovation opportunity created by designers and builders' interaction To reduce client risk and effort of coordinating between contractors and designers Financial Financial strength Marketability Stability Audit reports Turnover Experiential Design-build similar projects Diversity Resources Reputation