Tag: GMP


NYC to build $6B in new jails using guaranteed maximum price contracts

September 7, 2021

Via: Construction Dive

The city is hoping to use the new jails as a way to transition into what it calls “safer and fairer” facilities, according to the release. With the construction of these jails, the city will also close its Rikers Island […]

Construction Processes, Design, Procurement

A primer on progressive design-build

September 13, 2019

Via: BDCNetwork

Using this method, owners manage only one single source design-build entity contract as opposed to the multiple contracts used in traditional design-bid-build project delivery. Design-build entities are selected based on a procurement process that asks them to develop a design […]