Project Delivery Alternatives
To make it easy to organize and finance your industrial projects, Shive-Hattery can work with traditional or alternative project delivery methods, procurement methodologies, and contracting formats.
Because a one-size fits-all approach isn’t always best, we can also work with hybrid delivery methods as well. You pick which options are best for your organization and we make it work.
We can complete projects using the following project delivery methods:
- Design-Bid-Build (D-B-B), where an owner contracts with different parties
- Multi-Prime (M-P), where an owner divides work by partnering with several contractors
- Construction Management Agency (CMa), where a contractor acts as an advocate for the owner and provides project management services
- Construction Management-At-Risk (CMAR or CM@R), where the construction manager delivers the project within a guaranteed maximum price (GMP)
- Design-Build (D-B), where an architect or construction firm is solely responsible to the owner for design and construction
- Integrated Project Delivery (IPD), where a single contract exists for design and construction with a shared risk and reward model
We work with several types of procurement methodologies:
- Low Bid, where selection is based on the lowest price
- Sole Source/Direct Source, where one supplier delivers required services based on expertise, quality, availability, etc.
- Negotiated, where a contractor is selected based on performance or track record without advertising or formal price competition
- Qualifications-Based Selection (QBS), where the most qualified firm is selected based on skills, experience, and knowledge vs. price
- Best Value/Two-Part Process (RFQ/RFP), where factors such as quality and expertise are considered when evaluating costs
We’re also comfortable working with a variety of contracting formats:
- Lump Sum/Firm Fixed Price, where one price for all work is agreed upon before the project begins
- Cost Reimbursable: Cost Plus Fee, where a pre-determined fee is agreed upon before the project begins (percentage of the cost with a cap)
- Cost Reimbursable: Guaranteed Maximum Price (GMP), where the contractor is compensated for incurred costs plus a fee that doesn’t exceed a certain amount
- Target Price, where an agreed-upon target cost is defined and the contractor shares in underspend or overspend
- Unit Price, where the final project price depends on total quantities of items and services needed for completion