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1 is required for all projects that: 1. Uses a restricted fund source (Support Education Excellence in Kentucky (SEEK) capital outlay funds, Facility Support Program of Kentucky (FSPK) funds (KRS 157.620), School Facilities Construction Commission (SFCC) funds or building funds (KRS 160.476) or 2.
Kentucky Model Procurement Code The Commonwealth of Kentucky was the first state to adopt Model Procurement Code legislation (KRS 45A), which sets out the methods by which Kentucky state government must bid, negotiate and award contracts.
Designbuild (or design/build, and abbreviated DB or D/B accordingly) is a project delivery system used in the construction industry. It is a method to deliver a project in which the design and construction services are contracted by a single entity known as the designbuilder or designbuild contractor.
Time and materials contracts As opposed to lump sum contracts, time and materials (T&M) contracts work best for projects in which the scope of work is not well-defined. Time and materials contracts reimburse contractors for the cost of materials and establish an hourly or daily pay rate.
Use of the Design-Build family of AIA Contract Documents is appropriate when the project delivery method is design-build. In design-build project delivery, the owner enters into a contract with a design-builder who is obligated to design and construct the project.
The three most common contract types include:Fixed-price contracts.Cost-plus contracts.Time and materials contracts.
Use of the Design-Build family of AIA Contract Documents is appropriate when the project delivery method is design-build. In design-build project delivery, the owner enters into a contract with a design-builder who is obligated to design and construct the project.
Design Contract means any contract or agreement relating to the architecture, design, engineering or planning of a Project or portion thereof.
The design-build process can be broken down into five main steps: team selection, project planning, design, GMP/bidding, and construction. For the most part, these steps will happen sequentially, but not necessarily independent of one another. The project planning, design, and bidding phases may overlap.
The successful proposer is selected based on a number of factors including past experience, ability to innovate, cost, and any other specific factor the Owner chooses (e.g. the number of local sub-contractors used, the environmental approach, etc.).