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Job Site Issues

Job Site Issues. Module 09-01 November 9, 2014. Purpose. Recap some of the overall job site issues leading to project close out. Learning Objectives. Be able to list and describe briefly the following Job-Site Issues. 1. Acceptance and Withdrawal Period.

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Job Site Issues

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  1. Job Site Issues Module 09-01 November 9, 2014 CVEN 349 - Maxwell

  2. Purpose • Recap some of the overall job site issues leading to project close out. CVEN 349 - Maxwell

  3. Learning Objectives • Be able to list and describe briefly the following Job-Site Issues. CVEN 349 - Maxwell

  4. 1. Acceptance and Withdrawal Period • Bids are due at a specific time and place. • Bid security (bond) protects Owner from Contractor's failure to sign contract. • Acceptance Period protects Contractor from Owner’s delay in signing the contract. CVEN 349 - Maxwell

  5. Award of Notice to Proceed • Consummates the relationship between the Owner and contractor. • Letter of Intent – a legally binding agreement to eventually sign a contract. • Establishes a Start Date. • Generally grants access to the work site. CVEN 349 - Maxwell

  6. Contract Agreement • Pulls together: • Plans and specifications • Standard forms • Payment schedule • Standard Terms and Conditions • Any special or additional T&C’s, Forms, etc. • Processes for Change Orders, Time Extensions, Payment Schedule changes, etc. CVEN 349 - Maxwell

  7. Time Extensions • Various reasons: • Design problems • Owner modifications • Strikes, Weather, Late Deliveries, etc. • Affects Progress Payments • No-Cost extensions are more likely in research or consulting. CVEN 349 - Maxwell

  8. Change Orders • Any alteration of the formal agreement requires a Change Order. They may be needed: • To correct design and specification problems • Owners change their minds. • Conditions change – subsurface, new codes, technology, economy, etc. • Only the Owner or his official designee can sign a change order. • Since they are non-competitive in nature, they may be a “license to steal.” CVEN 349 - Maxwell

  9. Suspension, Delay, or Interruption • For one reason or another, the Owner may order the Contractor to suspend or delay work. The Contractor will usually claim damages. • For one reason or another, the Contractor may delay job completion. The Owner will usually claim liquidated damages. They are hard to collect. CVEN 349 - Maxwell

  10. Progress Payments and Retainage • Payments are based upon an agreed upon schedule of values, mile stones, or %-complete estimates. • Retainage is returned after the work is completed to the Owners satisfaction. CVEN 349 - Maxwell

  11. 8. Job Close Out • Completion of the work (Close Out) may be a contentious exercise. • The “Punch List” is used to protect both parties from unnecessary delays in establishing the actual completion date. • Completion of “Punch List” establishes the completion of the contract. CVEN 349 - Maxwell

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