Answered step by step
Verified Expert Solution
Question
1 Approved Answer
https://drive.google.com/file/d/1rQxyugD9KQCaQQtTtHBKJGdUK9_uhhMH/view?usp=sharing please refer to the McMinnville Municipal Airport Contract Docs. Actions The questions: 8. In the table below, indicate whether the Owner or the General
https://drive.google.com/file/d/1rQxyugD9KQCaQQtTtHBKJGdUK9_uhhMH/view?usp=sharing
please refer to theMcMinnville Municipal Airport Contract Docs. Actions
The questions:
8. In the table below, indicate whether the Owner or the General Contractor (or both) holds the risk associated with each item for the different types of contracts (i.e., who is liable for the item within the specific type of contract). Assume the general contracting method with design-bid-build phasing. Item Type of Contract Lump-Sum Unit Price Adequacy of the design Construction means/methods Subcontractors' work Project financing9. In the table below, indicate whether the DesignBuild lm or the Owner {or both) holds the risk associated with each item when the designbuild contracting method is used {i.e_, who is liable at the item within the DesignBuild contracting method). ............. lConstruction mnansf'methods Note: Design-build contracts often use negotiated GM? in the private sector and lump sum in the public sector. In the public sector. lumpsum contracts allow for competitive bidding. Even though (3MP contracls are legalitr allowed in the public sector, public owners are riskeuerse and tend to lad: the resources required for GMP contracts. 10. Referring to the Mcminnville Municipal Airport Contract Docs a. What is the delivery method used for the project b. What is the procurement method? c. What is the contract type (payment structure)? What would be the reason to use that contract typeStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started